The Board of Directors of Chin Hin Group Berhad (“CHGB” or “the Company”) wishes to announce that Kayangan Kemas Sdn. Bhd. (“KKSB”), a subsidiary of the Company, had on 27 January 2026, commenced legal action by filing an Originating Summons vide the Kuala Lumpur High Court Civil Suit No. WA-24NCC-57/01/2026, together with an Ex-Parte Application for an interim injunction, against Exyte Malaysia Sdn Bhd (“Exyte”) and Ambank (M) Berhad (“Ambank”).

1. Circumstances Leading to the Filing of the Suit

Pursuant to the terms of the contract between Exyte and KKSB dated 15 June 2022 for Package No. C04D – Shell and Core Works Site Substructure (Beta Site) (“Contract”), KKSB had provided a Performance Bond and an Advance Payment Bond, issued by Ambank in favour of Exyte, in compliance with the terms of the Contract.

On 26 January 2026, Exyte made a demand for sums under the Performance Bond and the Advance Payment Bond respectively.

In view of the above, KKSB proceeded to file the Originating Summons together with the Ex-Parte Application for an interim injunction as mentioned above.

2. Particulars of Claims

In the Originating Summons, KKSB is seeking, among others:

(a) an injunction to restrain Exyte from making any call or demand on the Performance Bond and/or the Advance Payment Bond and/or receiving any monies from Ambank pursuant thereto and/or utilising any monies received from Ambank pursuant thereto;

(b) a mandatory injunction against Exyte to return any monies that may have been received from Ambank pursuant to the Performance Bond and/or the Advance Payment Bond; and

(c) an injunction to restrain Ambank from making any payment under the Performance Bond and/or the Advance Payment Bond.

The grounds for KKSB’s injunction application are premised on the assertion that Exyte’s demand under the Performance Bond and the Advance Payment Bond is unconscionable.

3. Status of Court Proceedings

On 28 January 2026, the High Court heard KKSB’s ex parte application. The High Court granted an ad interim injunction in favour of KKSB to preserve the status quo pending the disposal of the Originating Summons.

4. Confirmation as to Whether KKSB is a Major Subsidiary

KKSB is NOT a major subsidiary of the Company.

5. Financial and Operational Impact

Following the grant of the ad interim injunction, the Board is of the view that the legal proceedings are not expected to have any immediate material financial or operational impact on the Group’s business operations.

6. Further Announcements

The Company will make the appropriate announcements to Bursa Malaysia Securities Berhad (“Bursa Securities”) as and when there are material developments in relation thereto in accordance with the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 12 February 2026.