1. Introduction

Mesiniaga Berhad ("Company") is pleased to announce that on 6 October 2026, it signed and accepted the Letter of Award from the Royal Malaysian Customs Department ("Customer") for the Provision of the Maintenance Services for Hardware, Applications and MyGST System Licence Renewal.

2. The Contract value

The value of the Contract is RM32,296,851.36 (Ringgit Malaysia: Thirty Two Million Two Hundred Ninety Six Thousand Eight Hundred Fifty One and Thirty Six Sen) inclusive of the Government Sales and Service Tax (SST).

3. Duration of the Contract

The duration of the Contract is 24 months, effective from 16 October 2026, and is to be completed by 15 October 2028. There is no automatic renewal clause in the Contract.

4. Risks in relation to the Contract

The risks relate mainly to meeting the service level commitments and deadlines imposed by the Customer. The Company has taken the necessary steps to mitigate the risks.

5. Directors and substantial shareholders' interest

None of the directors, substantial shareholders or any person connected to the directors or substantial shareholders of the Company has any interest, either directly or indirectly, in the said Contract.

6. Statement of directors

The Board of Directors of the Company is of the opinion that the said Contract is in the ordinary course of business and is in the best interest of the Company.

7. Financial effects

The Contract will not affect the share capital and substantial shareholders' shareholdings of the Company. It is expected to contribute positively to the Group's earnings and net assets for the financial year ending 31 December 2026 onwards until the completion of the Contract.

This announcement is dated 6 October 2026.