1. Introduction

The Board of Directors of Uzma ("Uzma" or "the Company") is pleased to announce that Uzma Engineering Sdn. Bhd. ("UESB"), a wholly owned subsidiary of the Company has accepted a Letter of Award ("LOA") dated 27 March 2026 from PETRONAS CARIGALI SDN. BHD. ("PCSB") for the PROVISION OF LEASING AND OPERATION & MAINTENANCE (O&M) OF PORTABLE WATER INJECTION MODULE (PWIM) FOR BAYAN REDEVELOPMENT PHASE 3 PROJECT.

2. Salient Terms

The salient terms of the LOA are as follows: -

(a) The scope of works comprises of:

• The design, engineering, procurement, construction, and transportation of one (1) unit of PWIM within a one (1) year period; and
• The subsequent installation, commissioning, operation, and maintenance of the PWIM unit for a primary term of seven (7) years, with an option to extend for a further two (2) years.

(b) The LOA is effective on 27 March 2026 and shall remain valid for eight (8) years unless extended or earlier terminated in accordance with the applicable terms and conditions.

3. Risk Factors

Potential risk factors include project operational and execution risks, work schedules, delivery timelines and adverse weather conditions.

4. Financial Effects

The LOA is expected to contribute positively towards the earnings and net assets per share of the Company for the financial year ending 30 June 2026  and throughout its duration.

5. Directors' and Major Shareholders' Interests

None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of Uzma has any direct or indirect interest in the LOA.

6. Directors' Statement

The Board of Directors of the Company, after considering all the relevant factors, is of the opinion that the acceptance of the Contract is in the best interest of the LOA.

This announcement is dated 27 April 2026.