(We refer to the announcement by the Company dated 14 April 2025 on the approval from Bursa Securities for the extension of time and announcements dated 23 June 2022, 6 October 2022, 31 March 2023, 1 November 2023, 17 April 2024 and 1 November 2024 on amongst others, the Proposed Regularisation Plan. Unless otherwise defined, capitalised terms used in this announcement have the same meanings as those given to them in the aforementioned announcements).

The Board of Directors of PEB wishes to announce that the Company has submitted an application to Bursa Securities for a further extension of time to comply with Paragraph 8.03(5) of the Listing Requirements.

This announcement is dated 24 September 2025.