The Board of Directors (“Board”) of the Company wishes to announce that the Malaysian Anti-Corruption Commission (“MACC”) has initiated inquiry against one of the SunCon Group’s employees specifically in relation to engagements with certain subcontractors.

SunCon wishes to clarify that this isolated investigation does not concern the way SunCon Group secures contracts from its clients. As the inquiry falls solely under the jurisdiction of the MACC, SunCon has refrained and will continue to refrain from further comment, placing its trusts in the MACC to conduct an impartial investigation.

SunCon has been and continues to be fully cooperative with the MACC to facilitate a thorough investigation. SunCon is also currently seeking legal counsel to evaluate the appropriate actions to be taken on certain sub-contracts and parties.

SunCon affirms its unwavering commitment to the highest standards of integrity and transparency across SunCon Group’s operations. We maintain a zero-tolerance policy towards bribery, corruption, and any practices that compromise ethical conduct.

The investigation has no financial and operational impact on the SunCon Group.

The Board of SunCon Group will continue to monitor developments closely and will make timely disclosures should any material updates arise.

This announcement is dated 21 July 2025.