Reference is made to the Company's announcement on 24 June 2026 on the appointment of PKF to conduct independent review ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

The Board of Directors of the Company wishes to provide the following additional information in relation to the Announcement:

Agreed Scope of Review and Estimated Timeline

The independent review shall comprise the following scope of work:

1. To review the financial transactions, agreements and contracts, board meeting minutes etc.;

2. To review all dealings and the proposed debt settlement agreement;

3. To independently evaluate the relationship between PCI and PDM, including:

- Whether the dealings were undertaken on an arm's length basis

- Whether there were economic benefits to PDM, and whether PCI and PRG were assuming the funding burden, credit exposure and impairment losses in connection with the project

4. To independently evaluate the relationship between PRG and PDM;

5. To assess if the minority shareholders were bearing the financial burden, funding costs, credit risks, impairment losses and recovery risks arising from the project;

6. To review how PCI was financing and supporting the project, including whether internally generated funds, operating cash flows, banking facilities, proceeds from other contracts, or other group resources were utilized; and

7. To assess the level of governance and transparency.

The commencement of fieldwork will be upon confirmation of engagement and the required information being made available to PKF on a timely basis. A draft report will be issued in 10 weeks and the final report in 12 weeks of receipt of all required information.

This announcement is dated 26 June 2026.