We refer to the earlier announcements dated 13 August 2024, 30 September 2024, 8 October 2024, 30 September 2025, 18 March 2026, 19 March 2026 and 6 April 2026 in relation to the Proposed Transfer Listing. Unless otherwise stated, all terms used herein shall have the same meaning as defined in the said announcements ("Announcements").

Reference is made to the Announcements.

On behalf of the Board, M&A Securities wishes to announce that Enest had entered into an underwriting agreement with M&A Securities for the underwriting of 37,782,000 Issue Shares made available for application by the Malaysian Public and eligible Directors, employees and persons who have contributed to the success of the Group under the Pink Form Allocations pursuant to the Proposed Transfer Listing.

This announcement is dated 19 May 2026.