The Board of Directors’ of MERIDIAN hereby announces that the Company is unable to release to Bursa Malaysia Securities Berhad (“Bursa Securities”) and shareholders its Annual Report that includes the annual audited financial statements together with the auditors’ and directors’ reports in respect of the financial period ended 31 May 2025 by 30 September 2025 which is a period not exceeding four (4) months from the close of the financial period ended 31 May 2025 (“Timeframe”) as required under Paragraph 9.23(1) of the Main Market Listings Requirements (“MMLR”) of Bursa Securities.

In view of the above, MERIDIAN is expecting to issue and submit its Annual Report 2025 within two weeks from 30 September 2025.

Pursuant to Paragraph 9.28(5) of the MMLR of Bursa Securities, if MERIDIAN fails to issue its Annual Report 2025 within 5 market days from the expiry of the Timeframe, i.e. 8 October 2025 (the last day of this 5 market days shall hereinafter be referred to as "the Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of MERIDIAN.

The suspension shall be effected on the market day following the expiry of the Suspension Deadline and shall be uplifted on the market day following the announcement/issuance of the Annual Report 2025 unless otherwise determined by Bursa Securities. Failing which, the Company's securities will be suspended from trading with effect from 8 October 2025.

This announcement is dated 25 September 2025.