Reference is made to the announcement dated 4 September 2026 and 9 September 2026 in relation to the Share Purchase Agreement entered between the Company and IPVG Employees, Inc. ("Announcements"). Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the Announcements.
The Board of Directors of Zetrix AI wishes to announce that Zetrix AI and IPVG Employees, Inc. had on 30 September 2026 mutually agreed to further extend the timeframe to complete the Proposed Acquisition to the end of fourth quarter of 2026, or such other date as may be agreed in writing between the parties.
The extension of time is mainly to accommodate the longer time required by the parties to complete the condition precedent set out in the SPA.
Save for the above, all other terms and conditions of the SPA remain unchanged.
The Company will make the necessary announcement to Bursa Malaysia Securities Berhad upon completion of the Proposed Acquisition or when there are any material developments in relation thereto.
This announcement is dated 30 September 2026.