Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements dated 8 April 2026 and 8 June 2026.

Reference is made to the Announcements dated 8 April 2026 and 8 June 2026 on the winding-up petition dated 7 April 2026 (Petition No.: JA-28NCC-72-04/2026) against Real Steel Sdn Bhd ("RSSB").

The Board of Directors of the Company wishes to announce that the Company and RSSB have reached an amicable settlement of the matter. Pursuant to the terms of the settlement, RSSB has agreed to pay the sum of RM4,237,605.77 by way of instalments, the due performance of which is further secured by a Joint and Several Guarantee and Indemnity dated 7 July 2026 executed by the directors and/or shareholders of RSSB in favour of the Company.

In consideration of the settlement and first payment of RM800,000.00, the Company has agreed to withdraw the winding-up petition on 9 July 2026 with, inter alia, no order as to costs and liberty to file afresh.

The indebtedness of RSSB has been fully impaired in the Group's quarterly report on consolidated results for the financial period ended 31 December 2025. Consequently, the withdrawal is not expected to have any material financial impact on the Company or the Group, other than legal costs and related disbursements incurred in respect of the same.

The Company will make the appropriate announcements to Bursa Malaysia Securities Berhad ("Bursa Securities") as and when there are material developments in relation thereto in accordance with the ACE Market Listing Requirements of Bursa Securities.

The announcement is dated 9 July 2026.