Further to the announcements dated 29 December 2020, 24 June 2022, 5 July 2022, 12 July 2022, 26 July 2022, 8 December 2022, 31 March 2023, 12 May 2023, 17 November 2023, 28 November 2023, 4 April 2024, 7 June 2024, 12 June 2024, 28 June 2024, 4 July 2024, 12 July 2024 , 6 January 2025, 16 January 2025, 20 January 2025, 10 April 2025 and 24 April 2025 on the execution of the BOT Contract with the Ministry of Industry and Trade of the Socialist Republic of Vietnam ("MOIT") and the Government Guarantee with the Government of the Socialist Republic of Vietnam for the investment and development of "Song Hau 2 Thermal Power Plant Project" in Vietnam ("the Project"), the Board of Directors of the Company wishes to inform that Toyo Ink Group Berhad ("TIGB") and Song Hau 2 Power Company Limited ("SH2P"), a wholly-owned subsidiary of TIGB, which in turn is a wholly-owned subsidiary of TVHB, had on 20 March 2026 filed a Notice of Arbitration against MOIT with the Singapore International Arbitration Centre ("SIAC") pursuant to the BOT contract.

The Company will continue to make the necessary announcements should there be any material developments in relation to this matter and will modify and/or update its disclosures as appropriate.

This announcement is dated 24 March 2026.