1. Introduction

Mesiniaga Berhad (“Company”) is pleased to announce that on 15 December 2025, it signed and accepted a Letter of Award from the Ministry of Education Malaysia (“Customer”). The award is for Phase 4 of the Rental Services of Laptops, Multifunction Colour Printers, Projectors and Charging Carts on a Lease-to-Use Basis to support Teaching and Learning (T&L) requirements in schools’ computer labs. The contract period is 65 months and covers Zone 7 (Northern Sarawak).

2. The Contract value

The value of the Contract is RM19,815,229.20 (Ringgit Malaysia: Nineteen Million Eight Hundred Fifteen Thousand Two Hundred Twenty Nine and Twenty Sen) exclusive of the Government Sales and Service Tax (SST).

3. Duration of the Contract

The Contract is for 65 months effective from 1 January 2026 and to be completed by 31 May 2031. There is no automatic renewal clause in the Contract.

4. Risks in relation to the Contract

The risks relate mainly to meeting the service level commitments and deadlines imposed by the Customer. The Company has taken the necessary steps to mitigate the risks.

5. Directors and substantial shareholders’ interest

None of the directors, substantial shareholders or any person connected to the directors or substantial shareholders of the Company has any interest, either directly or indirectly, in the said Contract.

6. Statement of directors

The Board of Directors of the Company is of the opinion that the said Contract is in the ordinary course of business and is in the best interest of the Company.

7. Financial effects

The Contract will not affect the share capital and substantial shareholders’ shareholdings of the Company. It is expected to contribute positively to the Group’s earnings and net assets for the financial year ending 31 December 2026 onwards until the completion of the Contract.

This announcement is dated 16 December 2025.