MLAB

0.035

(%)

GENERAL MEETINGS: Outcome of Meeting

MLABS SYSTEMS BERHAD

Type of Meeting	General
Indicator	Outcome of Meeting
Date of Meeting	05 Aug 2026
Time	10:30 AM

Venue(s)

Lot 4.1, Level 4, Menara Lien Hoe No. 8, Persiaran Tropicana,

Tropicana Golf & Country Resort 47410 Petaling Jaya,

Selangor Darul Ehsan

(Online Meeting Platform: https://bit.ly/MLABS-AGM)

Malaysia

Outcome of Meeting

The Board of Directors of Mlabs Systems Berhad ("Mlabs" or "the Company") wishes to announce that, at the Twenty-First (21st) Annual General Meeting ("21st AGM") of the Company held on 5 August 2026, all the resolutions as set out in the Notice of the 21st AGM dated 3 July 2026 were duly passed by way of poll, save for Ordinary Resolution 7.

Ordinary Resolution 7, relating to the proposed retention of Professor Emeritus Dr. Sureswaran Ramadass as an Independent Non-Executive Director through a Two-Tier Voting process in accordance with the Malaysian Code on Corporate Governance, was not carried as it did not obtain the requisite majority approval from Tier 1 (Large Shareholders), notwithstanding that it was approved by Tier 2 (Other Shareholders). Accordingly, Professor Emeritus Dr. Sureswaran Ramadass shall be redesignated as Non-Independent Non-Executive Director of the Company with effect from 30 August 2026, upon completion of his 9-years tenure as an Independent Non-Executive Director of the Company, in accordance with the applicable requirements of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

The results of the poll were validated by SharePolls Sdn. Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 5 August 2026.

Voting Results

1. Ordinary Resolution 1
Description	To approve and ratify the additional payment of Directors' fees amounting to RM90,000.00, being in excess of the previously approved amount of RM600,000.00 for the period commencing from 5 December 2024 until the conclusion of the 21st Annual General Meeting of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	30	11
No. of Shares	110,914,848	161,450
% of Voted Shares	99.8546	0.1454
Result	Accepted

2. Ordinary Resolution 2
Description	To approve the payment of Directors' fees of up to RM600,000.00 from 5 August 2026 until the next Annual General Meeting of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	32	9
No. of Shares	110,915,298	161,000
% of Voted Shares	99.8551	0.1449
Result	Accepted

3. Ordinary Resolution 3
Description	To approve the payment of Directors' benefits (excluding Directors' fees) of up to RM50,000.00 to the Non-Executive Directors with effect from 5 August 2026 until the next Annual General Meeting of the Company.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	31	10
No. of Shares	110,915,248	161,050
% of Voted Shares	99.8550	0.1450
Result	Accepted

4. Ordinary Resolution 4
Description	To re-elect Ong Tee Kein who retire pursuant to Clause 115 of the Company's Constitution.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	38	3
No. of Shares	111,025,598	50,700
% of Voted Shares	99.9544	0.0456
Result	Accepted

5. Ordinary Resolution 5
Description	To re-elect Professor Emeritus Dr. Sureswaran Ramadass who retire pursuant to Clause 115 of the Company's Constitution.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	36	5
No. of Shares	111,025,542	50,756
% of Voted Shares	99.9543	0.0457
Result	Accepted

6. Ordinary Resolution 6
Description	To re-appoint Messrs Nexia SSY PLT as External Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	39	2
No. of Shares	111,026,098	50,200
% of Voted Shares	99.9548	0.0452
Result	Accepted

7. Ordinary Resolution 7 (Tier 1)
Description	To retain Professor Emeritus Dr. Sureswaran Ramadass as Independent Non-Executive Director.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	0	0
No. of Shares	0	0
% of Voted Shares	0.0000	0.0000
Result	Rejected

8. Ordinary Resolution 7 (Tier 2)
Description	To retain Professor Emeritus Dr. Sureswaran Ramadass as Independent Non-Executive Director.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	35	5
No. of Shares	111,025,503	50,756
% of Voted Shares	99.9543	0.0457
Result	Accepted

9. Ordinary Resolution 8
Description	To approve the authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016.
Shareholder’s Action	For Voting
Voted	For	Against
No. of Shareholders	37	4
No. of Shares	111,025,548	50,750
% of Voted Shares	99.9543	0.0457
Result	Accepted

Announcement Info

Company Name	MLABS SYSTEMS BERHAD
Stock Name	MLAB
Date Announced	05 Aug 2026
Category	General Meeting
Reference Number	GMA-04082026-00003
Corporate Action ID	MY260804MEET0003