Reference is made to the Prospectus of Elridge Energy dated 6 August 2024 in relation to the Initial Public Offering of the Company on the ACE Market on 22 August 2024 and the announcement dated 27 November 2025 in relation to the 1st Extension of Time.

The Board of Directors of the Company wishes to announce that it has deliberated and resolved to extend the timeframe for the utilisation of the remaining IPO proceeds of RM8.31 million allocated for “Purchase of new machineries and equipment” for additional 18 months from the original expiry date of 22 February 2026.

Further details of the Extension of Time are set out in the attachment.

This announcement is dated 16 February 2026.