Reference is made to the prospectus of the Company dated 13 April 2026 in relation to the initial public offering ("Prospectus"), particularly, the litigation "IDPM Associates Sdn. Bhd. vs Incite Innovations Sdn. Bhd." in Section 15.5(ii) of the Prospectus.

The Company wishes to announce that IDPM Associates Sdn. Bhd. ("IDPM Associates" or "Petitioner"), a wholly-owned subsidiary of IDPM Sdn. Bhd., which in turn is an indirect wholly-owned subsidiary of the Company, had on 15 June 2026, through its solicitors, Messrs. Loi & Co., filed a Winding-Up Petition against Incite Innovations Sdn. Bhd. ("Incite" or "Respondent") ("Petition").

Incite has failed to pay IDPM Associates the outstanding sum of RM575,057.00 as granted by the Kuala Lumpur High Court on 24 February 2026.

IDPM Associates sought the following orders:

(a) Incite be wound-up pursuant to Section 416(1)(h) of the Companies Act 2016;

(b) The Director General of Insolvency may be appointed as Liquidator of Incite;

(c) IDPM Associates be allowed their costs of and incidental to the winding-up to be taxed by the proper office of the Court and paid by the liquidator out of the assets of Incite; and

(d) Such further or other Orders may be made in the premises as the Court shall deem just.

The hearing of the Petition is fixed on 18 August 2026.

TA Securities Holdings Berhad ("TA Securities"), being the Sponsor, is responsible for the admission of Inspace Creation to the ACE Market of Bursa Malaysia Securities Berhad on 8 May 2026. TA Securities assumes no responsibility for the contents of this announcement.

This announcement is dated 16 June 2026.