Reference is made to the Company's latest announcement on 23 January 2026.

The Company wishes to inform on the following additional information pursuant to the announcement on 23 January 2026:-

Chronology of events and clarification on the subject litigation matter;

(i) The matter commenced back on 17 June 2020, whereby Duta Nilai Holdings Sdn Bhd (“DNHSB”) ("the Plaintiff and/or the Appellant") ("the Company") had brought an action against Ismail Bin Othman, Zainab Binti Mansor, Al Amin Strategic Commodity Sdn Bhd ("Al Amin"), Mohd Nornizah Bin Ramlan @ Jamil, Mohamad Nasir Bin Osman (collectively known as "the Defendants" and/or "the Respondents") at the  Kuala Lumpur High Court due to the Defendants' involvement in the issuance of 161,632,017 units of Redeemable Convertible Preference Shares ("RCPS") issued by the Plaintiff to Al Amin, with the Plaintiff's claims against the Defendants are amongst others:-

(1) A declaration that the RCPS is illegal and void; and

(2)The Defendants had breached their fiduciary duties and statutory duties as officers of DNHSB towards DNHSB for allowing the unauthorised issuance of the RCPS.

(ii)The Defendants subsequently filed a counterclaim against DNHSB for a general damages and punitive damages that are to be assessed by the High Court on the ground that the suit is an abuse of the court process.

On 14 February 2023, the High Court had dismissed the Plaintiff's claims and the Defendants' counterclaim in the same action. Thereafter, on 23 February 2023, DNHSB filed its appeal to the Court of Appeal against the decision of the High Court dated 14 February 2023 in dismissing its claim and registered its Appeal as W-02(NCC)(W)-294-02/2023.

The Court of Appeal (“COA”) had initially set the hearing date on 29 October 2024 but then subsequently the date was postponed by the COA until 1 October 2025 for the hearing and the decision from COA was reserved for 23 January 2026.

The COA had dismissed the Company’s appeal on 23 January 2026.  The Company will now proceed with the appeal to the Federal Court against the decision of the Court of Appeal delivered on the 23 January 2026.

This announcement is dated 26 January 2026.