Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those set out in the Company’s announcements dated 3 March 2025, 18 April 2025, 4 June 2025, 9 June 2025, 1 July 2025, 9 July 2025 and 28 August 2025 in relation to the Proposed Acquisition ("Announcements”). 

On behalf of the Board, M&A Securities wishes to announce that the Conditions Precedent of the SPA for the Proposed Acquisition have been fulfilled. Accordingly, the SPA became unconditional on 25 September 2025.

This announcement is dated 25 September 2025.