On behalf of the Board of Directors of Infoline ("Board"), MBSB Investment Bank Berhad (formerly known as MIDF Amanah Investment Bank Berhad) wishes to announce that Infoline IT Solutions Sdn Bhd, a wholly-owned subsidiary of the Company had, on 8 April 2026 entered into the following sale and purchase agreements:

(i) sale and purchase agreement with Huayi (SEA) Sdn Bhd for the acquisition of a 3 storey semi-detached factory building built on the leasehold land, H.S.(D) 296779, PT No. 12703, Pekan Baru Sungai Buloh, Daerah Petaling, Negeri Selangor for a cash consideration of RM9,288,888; and

(ii) sale and purchase agreement with Orionis Technology (M) Sdn Bhd for the acquisition of a 3 storey semi-detached factory building built on the leasehold land, H.S.(D) 296780, PT No. 12704, Pekan Baru Sungai Buloh, Daerah Petaling, Negeri Selangor for a cash consideration of RM9,288,888.

(Collectively, the "Proposed Acquisition")

The Board also proposes to establish an employees' share option scheme of up to 10% of the issued share capital of the Company (excluding treasury shares) for eligible Directors and employees of Infoline and its subsidiaries, which are not dormant, who fulfil the eligibility criteria as set out in the by-laws governing the Proposed ESOS ("Proposed ESOS").

The Proposed Acquisition and Proposed ESOS are collectively, referred to as the "Proposals".

Please refer to the attachment below for further details of the Proposals.

This announcement is dated 8 April 2026.