Reference is made to the Company's announcement dated 13 June 2025 in relation to the resignation of ChengCo PLT as the Auditors of PDZ.

The Board of Directors ("Board") of PDZ wishes to announce that the Audit and Risk Management Committee and the Board have selected Morison LC PLT ("Morison") for nomination as the new Auditors of the Company for the financial period ending 30 June 2026, after taking into account, inter alia, the engagement proposal from Morison, as well as their profile, adequacy of resources and experience of their audit engagement team.

The appointment of Morison as the new Auditors of the Company is subject to the Company receiving the written consent to act as Auditors of the Company from Morison pursuant to Section 264(5) of the Companies Act 2016.

Further announcement will be made by the Company in due course once the appointment of new Auditors is finalised by the Company.

This announcement is dated 19 March 2026.