(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those defined in the earlier announcements in relation to the Acquisition)

The Board of Directors of Taghill wishes to announce that 200,000,000 ordinary shares in Taghill ("Escrow Shares"), which were placed under the escrow arrangement pursuant to the Restated SSA, have been released following the fulfilment of the profit guarantee obligation.

Pursuant to the terms of the Restated SSA, the Escrow Shares were placed under an escrow arrangement as part of the consideration structure for the Acquisition, pending the fulfilment of the profit guarantee obligation.

Following confirmation that the profit guarantee obligation has been fulfilled and all relevant conditions under the Restated SSA have been satisfied, the Escrow Shares have been released from the escrow account and transferred to MBuild Venture Sdn Bhd on 22 May 2026.

The release of the Escrow Shares does not involve the issuance of any new ordinary shares of the Company and will not have any effect on the issued share capital, substantial shareholders' shareholdings, net assets per share, gearing, earnings per share or structure of the Company.

This announcement is dated 22 May 2026.