On behalf of the Board of Directors of ECA ("Board"), UOB Kay Hian (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares in ECA ("ECA Share(s)" or "Share(s)") (excluding treasury shares, if any) to third party investor(s) to be identified later at an issue price to be determined later and announced later ("Proposed 20% Private Placement").

Further details of the Proposed 20% Private Placement are set out in the announcement enclosed.

This announcement is dated 19 June 2026.