OTHERS ZETRIX AI BERHAD ("ZETRIX AI" OR "COMPANY") — POTENTIAL BREACH OF COVENANT UNDER THE ISLAMIC MEDIUM TERM NOTES ("SUKUK WAKALAH") PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE

Others Zetrix Ai Berhad ("Zetrix Ai" Or "Company") - Potential Breach Of Covenant Under The Islamic Medium Term Notes ("Sukuk Wakalah") Programme Of Up To Rm2.0 Billion In Nominal Value Zetrix Ai Berhad Type Announcement Subject OTHERS Description ZETRIX AI BERHAD ("ZETRIX AI" OR "COMPANY") — POTENTIAL BREACH OF COVENANT UNDER THE ISLAMIC MEDIUM TERM NOTES ("SUKUK WAKALAH") PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE Reference is made to the announcements dated 17 October 2022 and 9 July 2025 in relation to the Sukuk Wakalah Programme. Zetrix AI wishes to announce that, following the forced selling of shares by banks, the shareholding of Mr. Wong Thean Soon ("Mr. TS Wong") has been substantially reduced. As at 15 October 2026, being the date on which the Company received the notice, Mr. TS Wong's combined direct and indirect shareholding in the Company stood at 1.895%, resulting in him ceasing to be the single largest shareholder of the Company. Consequently, the Company is therefore considered to be in potential breach of covenant under the Sukuk Wakalah Programme which requires Mr. TS Wong to remain, directly or indirectly, the single largest shareholder of the Company. Pur