Reference is made to the announcement dated 14 March 2025 ("Initial Announcement") and the subsequent updates in relation to the Memorandum of Understanding ("MOU") between FSBM Holdings Berhad's ("FSBM" or "the Company") wholly-owned subsidiary, namely FSBM I-Design Sdn. Bhd. and Exitra Sdn. Bhd. ("collectively known as "Parties") for exploration of collaboration opportunities and partnership opportunities.

Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Initial Announcement.

The Board of Directors of the Company wishes to announce that the MOU has lapsed, and the Parties have mutually agreed not to extend the tenure of the MOU for the proposed collaboration. Accordingly, the MOU has ceased to have effect as of 26 May 2026.

The expiration of the MOU is not expected to have any material financial impact on the Company and its subsidiaries.

This announcement is dated 26 May 2026.