Reference is made to the announcements dated 12 May 2026, 20 May 2026, 29 May 2026, 8 June 2026, 9 June 2026 and 10 June 2026 in relation to the Proposed Scheme.

On behalf of the Board of Directors of Sealink (save for Lo Ling, Lim Yew Hoe and Lim Litt) ("Board"), Affin Hwang Investment Bank Berhad wishes to announce that the Board had, on 24 June 2026, submitted a letter to Carimin requesting Carimin to consider a revision to the offer price of RM0.41 per Scheme Share under the Proposed Scheme ("Letter to Carimin").

Lo Ling is the Executive Chairman of Sealink and he has voluntarily abstained from the Board deliberation on this matter for good corporate governance purposes although he is not deemed to be interested in the Proposed Scheme. This was in view that Lo Ling disposed 97,500,000 Sealink shares to Carimin in January 2026 at the price of RM0.41, which is similar to the offer price proposed by Carimin.

Lim Yew Hoe is the Executive Director of both Sealink and Carimin and is deemed interested in the Proposed Scheme. Lim Litt is the Independent Non-Executive Director of Sealink, and he does not agree to the issuance of the Letter to Carimin in the absence of the opinion from the Independent Adviser at this juncture.

In arriving at its decision to seek a revision to the offer price, the Board had taken into consideration, amongst others, the preliminary desktop valuation conducted by the valuers on the material assets of Sealink.

The Board is continuing its evaluation of the Proposed Scheme, including the advice and recommendation of the Independent Adviser appointed in relation thereto. The Board has not reached any final decision on the Proposed Scheme and will continue to evaluate the proposal, including any response received from Carimin in relation to the Board's request for a revision to the offer price and the opinion from the Independent Adviser.

Further announcements will be made as and when there are material developments.

This announcement is dated 24 June 2026.