The Board of Directors of Magnum Berhad ("Magnum" or "the Company") wishes to announce that Magnum intends to seek the approvals of its shareholders for the following proposals at the forthcoming 50th Annual General Meeting of the Company:-

(1)  Proposed renewal of the authority for Magnum to purchase its own shares ("Proposed Share Buy-Back Renewal"); and

(2)  Proposed amendments to the Constitution of the Company ("Proposed Amendments").

A statement in relation to the Proposed Share Buy-Back Renewal will be issued to the shareholders of the Company together with the Company's Integrated Annual Report 2025.  The details of the Proposed Amendments will be set out in Appendix A, to be annexed to the Company's Integrated Annual Report 2025, which will be circulated to the shareholders of the Company, in due course.

This announcement is dated 26 March 2026.