MATERIAL LITIGATION

## para Reference is made to the Company’s announcements dated 10 May 2022. ## para As previously announced on 11 March 2019, a wholly owned subsidiary of the Company, HCM Engineering Sdn. Bhd. (“HCM”) has filed a legal suit at the Kuala Lumpur High Court against Kuasatek (M) Sdn. Bhd. (“Kuasatek”) (“Legal Proceeding”) and the Court had on 30 March 2022 ruled the Judgment (“Judgment”) on the Legal Proceeding in favour of HCM. The parties had reached a settlement (“Settlement”) for the full and final settlement of the Legal Proceeding and the Judgment wherein Kuasatek shall pay to HCM a settlement sum of RM1,046,248.25. ## para With the Settlement, Kuasatek had withdrawn the notice of appeal against the Judgment which was filed by Kuasatek on 28 April 2022 at the Court of Appeal to appeal against the Judgment of the High Court on 30 March 2022.