The Board of Directors of Turbo wishes to announce that the Company proposes to seek shareholders' approval for the Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Renewal of Existing Shareholders' Mandate") at the forthcoming Annual General Meeting.

Details of the Proposed Renewal of Existing Shareholders' Mandate will be disclosed in a circular to shareholders which will be despatched to the shareholders of the Company in due course.

This announcement is dated 23 April 2026.