The Board of Directors of Eco World Development Group Berhad (“EcoWorld Malaysia”) wishes to announce that Quantum Alpha Sdn Bhd (“QASB”), a wholly-owned subsidiary of EcoWorld Malaysia, had on 25 February 2025 entered into an agreement to build and lease (“ATBL”) with Pearl Computing Malaysia Sdn Bhd (“Pearl Computing” or “Lessee”).

Under the ATBL, QASB will build and lease the shell and core of data centres and associated structures on approximately 92.44 acres of land in Eco Business Park V, Selangor Darul Ehsan to Pearl Computing in accordance with the Lessee’s specifications.

Further details are set out in the attachment.

This announcement is dated 25 February 2025.