The Board of Directors of Sunview wishes to announce the following:-

1. SunMate Energy Sdn. Bhd., an indirect wholly-owned subsidiary of the Company (“SunMate Energy”), had on 26 November 2025 entered into the shares subscription agreements (“Shares Subscription Agreement”) with Sunview Ventures Sdn. Bhd., an indirect wholly-owned subsidiary of the Company (“Sunview Ventures”) for Sunview Ventures to subscribe 599,900 new ordinary shares representing 60.00% equity interest in the enlarged issued and paid up share capital of SunMate Energy (“Subscription 1”) and Nuenergy Holdings Berhad (“Nuenergy”) for Nuenergy to subscribe 400,000 new ordinary shares representing 40.00% equity interest in the enlarged issued and paid up share capital of SunMate Energy (“Subscription 2”); and

2. SunMate Energy had on 26 November 2025 entered into a shareholders’ agreement with Sunview Ventures and Nuenergy (“Shareholders’ Agreement”) to regulate the relationship inter se as shareholders of SunMate Energy upon completion of the Subscription 1 and Subscription 2.

Please refer to the attachment for further details of the Subscription 1 and Subscription 2.

This announcement is dated 26 November 2025.