The Board of Directors ("Board") of Cropmate Berhad ("Company") wishes to inform that the Company had on 24 April 2026 been notified that certain bank accounts of the Company and its subsidiary have been frozen by Suruhanjaya Pencegahan Rasuah Malaysia pursuant to an order under Section 44(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 ("AMLATFPUAA"). The order was issued in connection with an ongoing investigation which the Company understands forms part of the authorities' process in relation to the ongoing investigation.

The Company is cooperating fully with the authorities in relation to the investigation and is taking the necessary steps to revoke the freezing order under Section 44A of AMLATFPUAA.

The Board remains committed to maintaining high standards of corporate governance and compliance in the conduct of the Group's business operations. Based on the information currently available, the Board does not presently have reason to believe that the matter has arisen from any misconduct by the Group's management or employees.

The Board wishes to highlight that the Group continues to have access to other banking facility to support its ongoing business operations. This matter is not expected to have any material financial and operational impact on the Group and that the Company's day-to-day operations remain fully functional and uninterrupted.