(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in theAbridged Prospectus dated 13 November 2020 issued by the Company in relation to the Rights Issue with Warrants.)

The Board of Directors of Mlabs Systems Berhad (“Mlabs” or “the Company”) wishes to announce that the Company has on 20 June 2025 approved the variation of the utilisation of the proceeds raised from the Rights Issue with Warrants exercise. 

Please refer to the attachment for the details of the announcement.

This announcement is dated 20 June 2025.