Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of ITMAX is pleased to announce that Selmax Sdn. Bhd. (“Selmax”), a 70%-owned subsidiary of ITMAX, had on 2 September 2025 received and accepted the revised Letter of Appointment dated 29 August 2025, which made reference to the original Letter of Appointment dated 8 August 2025 (collectively, “LOAs”) awarded by Majlis Perbandaran Selayang (hereinafter referred to as “MPS”) to be the Selangor Intelligent Parking (“SIP”) operator and parking compounds management for the gazetted car park spaces in the areas under the jurisdiction of MPS for a contract period of 10 years with an option to extend for an additional five (5) years, subject to the assessment by MPS and Rantaian Mesra Sdn. Bhd. (“RMSB”).

Selmax, MPS and RMSB will execute and enter into a tripartite agreement with respect to the SIP operation in the areas under MPS’s purview.

Please refer to the attachment for the details of the LOAs.

This announcement is dated 2 September 2025.