The Board of Directors of Uzma wishes to update the status of the following Memorandum of Understanding (“MOU”):-

1. MOU dated 13 August 2024 between Geospatial AI Sdn. Bhd. (“GEOAI”), a wholly owned subsidiary of the Company and Global Farm Biotech Sdn. Bhd. to collaborate in marketing and sales of satellite-based agricultural solutions, specifically targeting paddy farms in Malaysia.

- Both parties are exploring scope of collaboration and role of each party. Potential clients are also being explored and identified.

2. MOU dated 13 August 2024 between GEOAI and MIMOS Berhad to collaborate in research and development of information and communications technology and microelectronics.

- Both parties are exploring scope of collaboration and role of each party. Geospatial AI will explore MIMOS capability in product research.

3. MOU dated 13 August 2024 between Uzma and SIRIM Berhad to collaborate in greenhouse gases emission monitoring, greenhouse gases carbon accounting and environment, social and governance.

- Both parties are exploring scope of collaboration and role of each party.

4. MOU dated 13 August 2024 between GEOAI and Lebtech Energy Sdn. Bhd. to collaborate in marketing and sales of satellite-based leveraging expertise and resources, of local authorities and government agencies in Malaysia.

- Both parties are exploring scope of collaboration and role of each party.

5. MOU dated 20 August 2024 between Uzma Environergy Sdn. Bhd. (“UENV”), a wholly owned subsidiary of the Company and MIMOS Services Sdn. Bhd. to collaborate in research and development of information and communications technology and microelectronics.

- Parties are still in discussions regarding MI-ACE (energy efficiency chiller) and MI-SURIA (PV monitoring solutions. MIMOS Services Sdn Bhd will arrange workshops regarding these products. 

6. MOU dated 20 August 2024 between UENV and Universiti Tenaga Nasional Sdn. Bhd. to collaborate in joint development of product and/or solution in the field of energy management and storage and renewable energy.

- Parties are still in discussion on the potential collaboration.

7. MOU dated 20 August 2024 between UENV and Terawatt Ltd. to explore joint development and commercialization of product, projects and/or solution in the field of energy storage and renewable energy.

- Parties have mutually agreed not to pursue the collaboration.

8. MOU dated 9 October 2024 between UENV and NanoMalaysia Berhad for Facilitation and Cooperation in the Field of Renewable Energy, Research Funding Activities and Knowledge Exchange Activities.

- Parties are preparing a proposal to be submitted to the potential consumers. Workshops will be conducted at NanoMalaysia Berhad’s facility for further discussion on products and services.

The announcement is dated 17 April 2025.