The Board of Directors of UUE Holdings Berhad wishes to announce that the Board intends and has resolved to:-

(a) vary the balance unutilised IPO Proceeds earmarked for the purchase of machinery and equipment amounting to approximately RM4.131 million or approximately 13.8% of the total IPO Proceeds to finance the Group's general working capital requirements (the "Variation"); and

(b) extend the timeframe for the utilisation of working capital up to 24 months from the Listing Date (the "Extension").

Kindly refer to the attachment for further details.

This announcement is dated 23 April 2026.