Axtron-KY's Subsidiary PCL INTERNATIONAL TECHNOLOGIES (PENANG) SDN. BHD. Announces Board Resolution to Purchase Factory Building

1. Name and nature of the subject matter (e.g., land in XX section, XX subsection, Taichung City North District): Plot 311, No. 756, Persiaran Cassia Selatan 2, Taman Perindustrian Batu Kawan, 14100 Bandar Cassia, Pulau Pinang, Malaysia.
2. Date of occurrence: 2026/4/14~2026/4/14.
3. Date of board approval: April 14, 2026.
4. Other approval dates: Not applicable.
5. Transaction quantity (e.g., XX square meters, equivalent to XX ping), unit price, and total transaction amount: Land 4.21 acres and building 183,246.34 square feet, total price MYR68,580,000.00.
6. Counterparty and its relationship with the company (if the counterparty is a natural person and not a related party of the company, their name may be omitted): Foong Chi Mould Industries Sdn. Bhd., not a related party of the company.
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the previous owner, the relationship between the previous owner and the company and the counterparty, the previous transfer date, and the transfer amount should be announced: Not applicable.
8. If the owner of the transaction target has been a related party of the company within the last five years, the acquisition and disposal dates, prices, and relationship with the company at the time of the transaction should be announced: Not applicable.
9. Estimated disposal profit (or loss) (not applicable for asset acquisition) (deferred items should be listed and explained for recognition): Not applicable.
10. Delivery or payment terms (including payment period and amount), contract restriction clauses, and other important agreements: All in accordance with the Sale and Purchase Agreement (SPA).
11. Method of determining this transaction (e.g., tender, price comparison, or negotiation), reference basis for price determination, and decision-making unit: Method of determining the transaction: Mutual agreement and negotiation. Reference basis for price determination: Real estate appraisal report. Decision-making unit: Subsidiary's Board of Directors.
12. Name of professional appraiser's firm or company and its appraisal amount: Laurelcap Sdn. Bhd., appraisal amount MYR70,000,000.00.
13. Name of professional appraiser: Stanley Toh Kim Seng.
14. Professional appraiser's license number: V0927.
15. Is the appraisal report a limited price, specific price, or special price: No or not applicable.
16. Has the appraisal report not yet been obtained: No or not applicable.
17. Reason for not yet obtaining the appraisal report: Not applicable.
18. If there is a significant difference in the appraisal results, the reason for the difference and the accountant's opinion: Not applicable.
19. Name of accounting firm: Not applicable.
20. Name of accountant: Not applicable.
21. Accountant's license number: Not applicable.
22. Broker and brokerage fees: MYR216,000.
23. Specific purpose or use of acquisition or disposal: To acquire its own factory for operational production.
24. Opinions of directors who dissented from this transaction: None.
25. Is this transaction a related party transaction: No.
26. Date of approval by supervisors or audit committee: Not applicable, as the subsidiary is not required to establish supervisors or an audit committee under Malaysian company law.
27. Is this transaction an acquisition of real estate or its right-of-use assets from a related party: No.
28. Price evaluated according to Article 16 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies": Not applicable.
29. If the price evaluated in the preceding item is lower than the transaction price, the price evaluated according to Article 17 of the same regulations: Not applicable.
30. Date of previous material information announcement for the same event: Not applicable.
31. Other matters to be stated: This announcement is the confirmed version of the information announced by the parent company on 2026/3/10 and 2026/3/11.