Reference is made to Sapura Industrial Berhad's ("SIB" or " Company") announcement dated 6 March 2025, 20 May 2025 and 12 June 2025.

The Board of Directors of SIB wishes to announce that its wholly owned subsidiary, SIB Ventures Sdn Bhd (Company Registration No. 202401044576 (1590422-M)) (“SIBV”) had on 14 October 2025 executed a Joint Venture Agreement  with Funa Micro Technology Pte. Ltd. (Company Registration No. 202533397E) (“FMT”) and SIB ZZT Sdn Bhd (Company Registration No. 202501048370 (1649778-X)) (“SIB ZZT”) for the purpose of setting up a lithium battery precision structural components manufacturing facility in Malaysia.

Please refer to the attachment for further details.

This announcement is dated 14 October 2025.