The Board of Directors of ELK-DESA wishes to announce that the Company intends to seek its shareholders' approval for the proposed renewal of authority to purchase its own shares up to ten per centum (10%) of the total number of Issued Shares ("Proposed Share Buy-Back") at the forthcoming Thirty-Seventh Annual General Meeting of ELK-DESA to be convened at a date, which will be notified later.

The Statement to Shareholders setting out the details of the Proposed Share Buy-Back will be issued to the shareholders of the Company together with the 2026 Annual Report in due course.

This announcement is dated 18 June 2026.