Telekom Malaysia Berhad ("TM" or "the Group") refers to the announcement released by the United States Department of Justice ("DOJ") on 19 May 2026 in relation to charges filed against three former employees of Telekom Malaysia (USA) Inc. ("TM USA"), a wholly-owned subsidiary of TM.

Based on the DOJ announcement, the former employees have been charged under U.S. law for wire fraud conspiracy, wire fraud and aggravated identity theft. The charges relate to alleged fraudulent schemes involving fabricated work expenses, false representations and hiring practices, with the individuals orchestrated a fraud scheme involving approximately USD20 million.

TM had initiated its own internal investigation in December 2025 pursuant to suspicion of misconduct involving the individuals concerned. Upon establishment of prima facie findings, the individuals were terminated from employment on 14 February 2026 for violations relating to integrity and business ethics.  

TM has engaged external legal counsel and forensic specialists and referred the matter to the relevant U.S. authorities. TM will continue to extend its full cooperation with the relevant authorities.

Based on TM's current assessment, the matter has not caused any material disruption to the Group's operations, including TM USA's business activities in the United States, and is not expected to have any material impact on TM Group's financial position. TM has also undertaken immediate mitigation measures, including enhancements to internal controls and governance processes to mitigate recurrence risk.

TM remains committed to maintaining high standards of corporate governance, integrity and compliance, and does not tolerate any form of misconduct.

 This announcement is dated 20 May 2026.