The Board of Directors ("Board") of MAEH refers to the article entitled "Puzzling off-then-on Philippines deal", including the accompanying article entitled "The role of Next Lion in Zetrix AI's Nasdaq listing", published in The Edge Malaysia for the week of 14 to 20 September 2026 (collectively, "Article").

The Article refers, among others, to Mr. Sean Yap Shon Leong ("Sean Yap") and his involvement in Next Lion Holdings Limited ("Next Lion") and its group of companies (collectively, "Next Lion Group").  Sean Yap is presently the Chief Executive Officer of M & A Asset Management Malaysia Sdn Bhd ("MAAM") (formerly known as M & A Value Partners Asset Management Malaysia Sdn Bhd), a 75%-owned subsidiary of MAEH.

The Board wishes to clarify that Sean Yap's involvement in Next Lion Group, including his roles as a shareholder and director of Next Lion and any actions undertaken in connection with the affairs, transactions or business activities of Next Lion Group, was undertaken solely in his personal capacity and not in his capacity as Chief Executive Officer or representative of MAAM or MAEH or any of their subsidiaries (collectively, "MAEH Group" or "Group").

Please refer to the attachment for further details. 

This announcement is dated 14 September 2026.