Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

VOLCANO BERHAD

Particulars of substantial Securities Holder

Name	DATUK CH'NG HUAT SENG
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	ORDINARY SHARE

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
	20 Nov 2025	29,900	Acquired	Direct Interest
	Name of registered holder	DATUK CH'NG HUAT SENG
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition via open market
Nature of interest	Direct Interest
Direct (units)	28,777,000
Direct (%)	15.844
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	28,777,000
Date of notice	21 Nov 2025
Date notice received by Listed Issuer	21 Nov 2025

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