The Board of Directors of Paragon Globe Berhad wishes to release an official press statement on PGB and Shanghai-listed GSP Automotive Partner to establish major automotive industrial hub in Iskandar Puteri. This press release is for the information of Bursa Malaysia Securities Berhad and the public in general. 

Kindly refer to the attachment for further details of the Press Statement.

This announcement is dated 30 March 2026.