1. INTRODUCTION

The Board of Directors of AWC ("Board") is pleased to announce that AWSB had on 17 March 2026 accepted a LOA from KKM, for the hospital support services at Hospital Shah Alam, Selangor.

AWSB has been providing hospital support services at Hospital Shah Alam since 1 January 2021, and the Contract represents a continuation of such services.

2. DETAILS OF CONTRACT

The contract period shall be one (1) year commencing from 1 January to 31 December 2026 ("Contract Period").

The fee for services is RM26,136,000.00 (inclusive of service tax) for the Contract Period.

3. RISK FACTORS

The potential risk involved in this Contract are considered normal operational risks and are the same with all our maintenance projects undertaken.

4. FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets of the AWC Group over the duration of the Contract.

5. INTERESTED DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED

None of the Directors, major shareholders of AWC and/or persons connected with them has any interest, whether direct or indirect in the Contract.

6. STATEMENT BY THE BOARD

The Board of Directors of the Company is of the opinion that the acceptance of the LOA is in the ordinary course of business and is in the best interest of the Company.

This announcement is dated 17 March 2026.