Unless otherwise defined, the definitions set out in the announcement dated 12 November 2025, 19 November 2025 and 21 January 2026 (“Announcements”) shall apply herein.

We refer to the Announcements and Circular dated 28 January 2026 in relation to the Corporate Exercises. In this respect, the conditions precedent of the Debt Settlement Agreement (“Conditions Precedent”) are to be satisfied on or before 3 months from the date of the Debt Settlement Agreement (“Cut-Off Date”), which may be extended to a later date as agreed between the parties to the Debt Settlement Agreement to satisfy the Conditions Precedent.

On behalf of the Board, M & A Securities wishes to announce that the parties to the Debt Settlement Agreement have mutually agreed to extend the Cut-Off Date to 13 February 2026 in order for the parties to satisfy the Conditions Precedent.

Save as disclosed above, there are no other variations to the salient terms of the Debt Settlement Agreement.

M & A Securities also wishes to announce that the solicitors for the Proposals had confirmed that all conditions precedent as set out in the Debt Settlement Agreement have been fulfilled. Accordingly, the Debt Settlement Agreement has become unconditional on 13 February 2026.

This announcement is dated 13 February 2026.