On behalf of the Board of Directors of Steel Hawk ("Board"), UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) ("UOBKH") wishes to announce that the Company proposes to undertake a bonus issue of free warrants in Steel Hawk ("Warrant(s)") on the basis of 1 Warrant for every 2 existing ordinary shares in Steel Hawk ("Steel Hawk Share(s)" or "Share(s)") held by the entitled shareholders whose names appear in the Company's Record of Depositors at an exercise price of RM0.17 per Warrant ("Exercise Price") on an entitlement date to be determined and announced later ("Entitlement Date") ("Entitled Shareholders") ("Proposed Bonus Issue of Warrants").

Further details of the Proposed Bonus Issue of Warrants are set out in the attachment enclosed.

This announcement is dated 26 January 2026.