1.0       INTRODUCTION

The Board of Directors of MISC Berhad (“MISC” or “Company”) wishes to announce that on 9 February 2026, the Company has entered into contracts with ExxonMobil PNG Limited (“EMPNG”), the operator of the PNG LNG Project, for the provision of long-term Bareboat Charter and Operations & Maintenance for a Floating Storage and Offloading (“FSO”) unit (“Contracts”) in Papua New Guinea.

2.0       DETAILS OF THE CONTRACTS

2.1       The bareboat charter of the FSO is for a firm period of 15 years, with the charterer holding the right to extend the charter for up to an additional 15 years. The FSO is expected to commence operations in the first half of 2028.

2.2       The Contracts provide MISC with a strategic entry into Papua New Guinea. The FSO will be Papua New Guinea’s first offshore floating facility and will be deployed as part of the Kutubu Pipeline System.

2.3       The risks affecting the Contracts include commercial, project execution risk such as schedule slippage and cost overrun, operations and maintenance risks, as well as risks related to non-compliance with safety and environmental regulations. Such risks are inherent in the offshore industry, which MISC will take appropriate measures to mitigate based on its experience and expertise.

2.4       The Contracts are not subject to the approval of the shareholders of MISC nor any governmental authorities.

3.0       INFORMATION ON THE PARTY

EMPNG, incorporated in Papua New Guinea, is an indirect wholly owned subsidiary of ExxonMobil Corporation. Its principal activities consist of exploration, extraction, conversion and transportation of petroleum and natural gas in Papua New Guinea.

4.0       EFFECTS OF THE CONTRACTS

The Contracts do not have any effect on the share capital and shareholding of substantial shareholders of MISC.

The Contracts will not have any material impact on the earnings per share, gearing and net assets per share of the MISC Group for the financial year ending 31 December 2026.

5.0       INTERESTS OF DIRECTORS AND MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM

None of the directors and/or major shareholders of MISC and/or persons connected with the directors and/or major shareholders have any interest, direct or indirect, in the Contracts.

This announcement is dated 10 February 2026.