We refer to Bursa Malaysia Securities Berhad ("Bursa Securities")'s Unusual Market Activity query dated 15 May 2026 in relation to the sharp rise in price and increased trading volume of IRIS' shares, the Board of Directors wish to confirm that to the best of their knowledge and after having made due enquiries with the Directors, major shareholders and such other relevant persons, the following:

1. Whether there is any corporate development relating to your Group's business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions.

There is no corporate development relating to the Company and its subsidiary companies ("Group")'s business and affairs that has not been previously announced that may account for the trading activity including those in stage of negotiation/discussion.

2.  Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR.

There is no rumour or report concerning the business and affairs of the Group that may account for the trading activity and the Company is in compliance with Paragraphs 9.09 and 9.10 of Bursa Securities LR.

3. Whether you are aware of any other possible explanation to account for the trading activity.

We are not aware of any other possible explanation to account for the trading activity.

4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.

We are in compliance with Bursa Securities LR, in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations.

This announcement is dated 15 May 2026.