On behalf of the Board of Directors of Fibromat ("Board"), M & A Securities Sdn Bhd ("M&A Securities") wishes to announce that the Company proposes to undertake a private placement of up to 24,827,600 new ordinary shares in Fibromat ("Fibromat Share(s)" or "Share(s)") ("Placement Share(s)"), representing up to approximately 10.0% of the total number of issued Fibromat Shares, to independent third party investor(s) to be identified, at an issue price to be determined and announced at a later date ("Proposed Private Placement"). 

Kindly refer to the attachment for further details on the Proposed Private Placement.

This announcement is dated 15 July 2026.