MATERIAL LITIGATION

## para Reference is made to the Company’s announcement on 3 July 2024. ## para As announced earlier, the wholly owned subsidiary of the Company, Kumpulan Ikram Sdn. Bhd. (“KISB" or "Defendant”), had received a Writ of Summons and Statement of Claim served by Tenaga Nasional Berhad (“TNB” or ”Plaintiff”) claiming RM6,799,961.83. ## para The Company wishes to announce that the parties had on 16 July 2024 reached a settlement and recorded a Consent Judgment for the full and final settlement of the claim wherein KISB shall pay to TNB a settlement sum of RM3,000,000.00 and costs of RM5,000.00.