The Board of Directors of AMTEL wishes to inform that the Company intends to seek for shareholders' approval for the proposed renewal of existing shareholders' mandate for recurrent related party transactions of a revenue or trading nature at the forthcoming Twenty-Ninth Annual General Meeting ("29th AGM") of the Company.

The existing authority for shareholders' mandate obtained on 28 May 2025 for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature based on the terms set out in the Circular/Statement to Shareholders dated 28 March 2025, shall in accordance with Bursa Malaysia Securities Berhad Main Market Listing Requirements, lapse at the conclusion of the forthcoming 29th AGM of the Company, unless renewal is obtained from the shareholders of the Company at the forthcoming 29th AGM of the Company.

A Circular to Shareholders containing the details of the aforesaid proposal will be issued to the shareholders of the Company in due course.

This announcement is dated 13 March 2026.