The Board of Directors of Perdana Petroleum Berhad (the “PPB” or the “Company”) wishes to inform that the wholly owned subsidiary, Intra Oil Services Berhad (“IOS”), has on 23 April 2025 received a Statement of Claim (“SOC” or “Writ”) from Azsat Global Sdn Bhd (“Azsat” or “Plaintiff”) for general damages of approximately RM6.7 million for loss of revenue and interest at the rate of 5% per annum from the date of the Writ until the date of full settlement. Azsat previously provided satellite internet services to IOS for the vessels until such contracts were terminated.

The SOC filed by Azsat against six parties including IOS, being the 4th Defendant has alleged that IOS conspired with the 1st Defendant and/or 2nd Defendant (ex-officers of the Plaintiff) and/or 3rd Defendant to cause Azsat loss when IOS terminated the contracts for services of its vessels to Azsat.

The Company and IOS refutes the claim of conspiracy and has instructed its solicitors to file a defence and defend the claim appropriately.

This announcement is dated 24 April 2025.