The Board of Directors of FBG Holdings Berhad (formerly known as Fajarbaru Builder Group Bhd) (“FBG” or the “Company”) wishes to announce that its wholly-owned subsidiary, FBG Builder Sdn Bhd, has on 19 February 2026 accepted a Letter Acceptance dated 13 February 2026 issued by MVS Southpoint Hotel Sdn Bhd, an indirect wholly-owned subsidiary of IGB Berhad, in respect of the Main Building Works for development of one Commercial Building Block, Phase 3, on top of the existing The Mall, Mid Valley Southkey, a 25-Storey Hotel Building Block (Tower 6) containing 375 rooms with facilities at PTD 236228, Jalan Bakar Batu, Mukim Plentong, Johor Bahru, Johor Darul Takzim (“Contract”).

This announcement is dated 19 February 2026.