Reference is made to the utilisation of proceeds raised from the IPO as disclosed in the Company's Prospectus dated 30 June 2020 issued in conjunction with the listing of the Company on the ACE Market of Bursa Malaysia Securities Berhad on 22 July 2020. As at to-date, the Company remains a balance of RM6,458 million IPO Proceeds which has yet to be utilised ("Balance IPO Proceeds").

The Board of Directors of OVH wishes to notify that the Board, after due consideration, has resolved to further extend the timeframe for the Utilisation of IPO Proceeds ("Extension of Time").

Further details of the above Extension of Time are set out in the attachment.

This announcement is dated 16 June 2026.