Reference is made to the Company's announcements dated 11 April 2025, 11 July 2025, 10 October 2025 and 9 January 2026. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcement dated 11 April 2025.

The Board of Directors of KGW wishes to announce that there is no material development pertaining to the Memorandum of Understanding entered into between KGW Medica Sdn. Bhd., a wholly-owned subsidiary of the Company, and Shenzhen Yuanchao Logistics Technology Co., Ltd.

The Company shall make further announcements as and when there are further material developments in relation to the MOU.

This announcement is dated 10 April 2026.