The Board of Directors of Kawan Renergy Berhad ("KRB") is pleased to announce that Magenko Renewables (Ipoh) Sdn. Bhd. ("Magenko"), a wholly-owned subsidiary of the Company, had on 27 August 2026 received the Feed-in Approval letter dated 17 August 2026 from the Sustainable Energy Development Authority Malaysia ("SEDA") as a successful applicant for Feed-in Approval for the year 2026 under the FiT system for 2.5MW biomass power plant ("the Project").

Please refer to the attachment for further details of the Project. 

This announcement is dated 27 August 2026.