The Board of Directors of Ta Win ("Board") wishes to announce that Ta Win Industries (M) Sdn. Bhd., a wholly-owned subsidiary of the Company, will be undertaking a rationalisation of its workforce ("Exercise"). 

This Exercise forms part of the ongoing efforts of the Company and its subsidiaries (collectively referred to as "the Group") to optimise operational efficiency and preserve long-term sustainability. The decision was made following a comprehensive review of the Group's operational efficiency, prevailing market conditions, and long-term sustainability. The Exercise is intended to streamline operations, merge functions, eliminate redundancies, enhance the Group's cost structure and overall financial performance, and to better align the Group's cost structure with current market demand.

Please refer to the attachment for the full details of the announcement.

This announcement is dated 1 September 2026.