The Board of Directors of the Company (“Board”) wishes to announce that Volcano Tec (Thailand) Co., Ltd. (“VTT”), a wholly-owned subsidiary of the Company, has on 3 December 2025, appointed Vnergy Thai Co., Ltd. (“Vnergy”) as the EPCC (Engineering, Procurement, Construction & Commissioning) contractor for the procurement and installation of the rooftop solar system (capacity 514.08 kWp) (“Solar System”) and battery energy storage system (215 kWh) (“BESS”) for a contract price of Thai Baht 11,331,300 equivalent to approximately *RM1,462,848 (“Consideration”), (hereinafter referred to as the “Solar System Project”).

Note:

*           Based on the exchange rate of Thai Baht 1: Ringgit Malaysia 12.9098 on 2 December 2025 as set out in the Bank Negara Malaysia’s website, subject to rounding.

The details of the announcement is attached herein.

This announcement is dated 3 December 2025.