(Reference is made to the announcement on 5 February 2026 in relation to the variation between mandated estimated and actual value of Recurrent Related Party Transaction ("RRPT"). The terms herein shall bear the same meaning as defined in the said announcement.)

The Company had, at its Thirtieth Annual General Meeting ("30th AGM") held on 23 June 2025, obtained the shareholders' approval for the Proposed Renewal of RRPT Mandate for MCB and its subsidiaries ("the Group") to enter into RRPTs which are necessary for the day-to-day operations of the Group, as disclosed in the Circular to Shareholders dated 30 April 2025 ("Circular").

Further to the announcement made on 5 February 2026 in respect of the variation between mandated estimated value and actual value of RRPT by 10% or more, the Board of Directors of MCB wishes to announce that the actual aggregated value of the RRPT entered between the Group and Movon Sdn Bhd has further exceeded the estimated aggregate value of RRPT disclosed in the Circular by more than 10% ("Variation").

The details of the Variation are set out as follows:-

The announcement is dated 26 June 2026.