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

VOLCANO BERHAD

Particulars of substantial Securities Holder

Name	MR ANDREW SU MENG KIT
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
	09 Dec 2025	20,000	Acquired	Direct Interest
	Name of registered holder	ANDREW SU MENG KIT
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition from open market
Nature of interest	Direct Interest
Direct (units)	18,120,000
Direct (%)	9.976
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	18,120,000
Date of notice	10 Dec 2025
Date notice received by Listed Issuer	10 Dec 2025

---