Reference is made to Meridian Berhad’s (“Meridian” or “the Company”) First Announcement dated 8 and 9 April 2024 in relation to the Company being classified as a PN17 Company pursuant to Practice Note 17 and First Announcement dated 26 September 2023 in relation to the Company being considered as an affected listed issuer under Paragraph 8.03A of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad.

The Company had on 18 October 2024 announced that Bursa Malaysia has granted a first extension of time up to 25 March 2025 and had on 30 April 2025 announced that Bursa Malaysia has granted further extension of time up to 25 September 2025. Subsequently the Company had on 29 October 2025 announced that Bursa Malaysia has granted a further extension of time of 6 months up to 25 March 2026 to submit its regularisation plan to the relevant regulatory authorities for approval.

Based on the third extension of time granted by Bursa Malaysia for the submission of the regularisation plan, the Company has approximately four (4) months to submit its regularisation plan to the relevant regulatory authorities for approval.

The Company is working on the regularisation plan to address the Company’s financial condition.

Further details will be announced as and when there is any development on the above matter.

This announcement is dated 1 December 2025.