Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposed Regularisation Plan shall apply herein.

On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities has, vide its letter dated 19 January 2026, resolved to approve the Proposed Regularisation Plan comprising the following:

(i) Proposed Share Capital Reduction;

(ii) Proposed Joint Development;

(iii) Proposed Disposals of Hulu Bernam Lands;

(iv) Proposed Disposal of Hinterland;

(v) Proposed disposal via settlement of the company’s entitlement pursuant to the joint venture agreement entered into with PKNP and Uni-poh Construction Works Sdn Bhd for a parcel of state land located at Mukim Hulu Kinta, Daerah Kinta, Negeri Perak for a total cash consideration of RM40.38 million (“Proposed Disposal of Zone 1 Bandar Meru Raya”);

(vi) Proposed Issuance of RPS-B;

(vii) Proposed Amendments I; and

(viii) Proposed Amendments II.

The approval granted by Bursa Securities for the Proposed Regularisation Plan is subject to the following conditions:

(i) Perak Corp and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Regularisation Plan;

(ii) Perak Corp and M&A Securities to confirm all approvals of relevant authorities have been obtained for the implementation of the Proposed Regularisation Plan and furnish a copy of all approval letters from the relevant authorities;

(iii) Perak Corp and M&A Securities to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the general meeting for the Proposed Regularisation Plan;

(iv) Perak Corp and M&A Securities to inform Bursa Securities upon the completion of the Proposed Regularisation Plan and furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval; and

(v) To incorporate the comments made in the circular to shareholders.

This announcement is dated 19 January 2026.