The Board of Directors of MHB Group is pleased to announce pursuant to Paragraph 9.19 (46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, that a valuation was conducted on the following non-current asset of MHB Group where the Board of Directors of the Group has approved the incorporation of the net revaluation surplus in the consolidated financial statements for the financial year ended 31 December 2025 of the Group: -

The valuation was conducted to assess the market value of the Property for Internal Management purposes.

The net revaluation surplus on MHB’s property would result in the Group’s net assets per share attributable to owners of the Company to increase by approximately RM0.0093 per share**.

The valuation was conducted by Knight Frank Malaysia Sdn. Bhd. (Company Registration No. 200201017816 (585479-A) and Firm Registration No. (V(1)0141)) on 31 December 2025 and the valuation report is available for inspection at MHB’s registered office for a period of three (3) months from the date of this announcement.

This announcement is dated 27 February 2026.

* the total net revaluation surplus of approximately RM 2,981,000 is derived based on the latest valuation less carrying value of the Property held by its insurance subsidiary in trust for MHB.

** impact to the Group net assets per share attributable to owners of the Company is computed based on the portion of the net revaluation surplus/(deficit) on MHB’s property only. The portion of the valuation surplus/(deficit) held by its insurance subsidiary (by Life fund) does not affect the net assets per share attributable to owners of the Company.