Pursuant to Paragraph 9.04(f) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Petron Malaysia Refining & Marketing Bhd ("the Company") wishes to inform that the Company was served with a Writ of Summons and Statement of Claim from the solicitors of Konsortium Lord Saberkat Sdn Bhd ("the Plaintiff"). The Plaintiff was a service provider to the Company for the supply of transportation services per Standard Transportation Agreement ("Agreeement"), which expired on 30 November 2013.

The claims filed by the Plaintiff pursuant to the Writ and Statement of Claim are as follows:

a) A declaration that the Company is liable for negligent misrepresentation;

b) Special damages of RM135,000,000.00 on the actual loss suffered by the Plaintiff and/or to be assessed by Court;

c) General damages for losses suffered as a result of the negligent misrepresentation to be assessed by Court;

d) Aggravated and/or exemplary damages of RM5,000,000.00 due to malicious nature of the Company's conduct and/or to be assessed by Court;

e) An order for restitution of RM34,000,000.00;

f) Interest at the rate of 5% on the judgment sum as awarded on the damages prayed for in (a), (b), (c), (d) and (e) above;

g) Costs; and

h) Such further or other relief as the Court deems just and proper.

The Company has instructed external counsel to act on its behalf and the Company will defend its position and take all necessary legal action as deemed appropriate. The Company is of the view that the Plaintiff has no legal and/or factual basis for the claims and strongly denies that there are any such negligent misrepresentation and claims alleged by the Plaintiff.

The Company wishes to highlight that the Plaintiff had previously sued the Company claiming damages for inter alia supposed breach of contract and supposed losses suffered following expiry of the Agreement. The Plaintiff's case against the Company was dismissed including (on appeal by the Plaintiff) to the Federal Court.

The Company does not expect or anticipate any significant impact to its finances or operations as a result of this legal suit.

This announcement is dated 19 June 2025.