Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements in relation to the Regularisation Plan.

Reference is made to the announcement dated 19 December 2025 whereby, M & A Securities had on behalf of the Board announced that the listing of and quotation for 210,607,199 Settlement Shares on the Main Market of Bursa Securities on 19 December 2025, pursuant to the Scheme of Arrangement.

On behalf of the Board, M & A Securities wishes to announce that the scheme manager has confirmed that KSB has made full settlement and completed its obligations under the Scheme of Arrangement. As such, the Scheme of Arrangement has been completed.

Reference is also made to the announcement dated 13 February 2026, whereby M & A Securities, on behalf of the Board, announced that the Company is proposing to obtain a new shareholders' resolution for the Share Capital Reduction (“New Shareholders’ Resolution”), previously approved at the Extraordinary General Meeting ("EGM") on 21 October 2024, to comply with Section 117(1) of the Companies Act 2016 in relation to the filing of the notice to the Companies Commission of Malaysia within 7 days from the passing of the resolution.

On behalf of the Board, M & A Securities wishes to announce that:

(i) the Company has not received any application under Section 118(2) of the Act for the cancellation of the special resolution passed at the EGM held on 21 October 2024 for the Share Capital Reduction; and

(ii) the Registrar of Companies (“ROC”) after taking into consideration of the circumstances and facts, allowed the Company to proceed with the lodgement of the relevant documents as required under Section 119(1) of the Act with ROC and subsequently on 6 March 2026, received a notice dated 6 March 2026 issued by the ROC confirming the reduction of share capital (“Notice”).

Pursuant to Section 119(4) of the Act, the Notice shall be conclusive evidence that all the requirements of the Act with respect to the reduction of share capital have been complied with. Accordingly, the Share Capital Reduction takes effect on 6 March 2026. Consequently, the Company is no longer required to obtain the New Shareholders’ Resolution.

Following the completion of the Share Capital Reduction, the issued share capital of the Company is RM72,856,725.40 comprising 1,119,129,864 KSB Shares.

This announcement is dated 6 March 2026.