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Announced on 23 December 2024 Last updated on 22nd August 2025 Purpose: in line with ongoing developments in the capital market landscape; to improve quality of disclosures in the marketplace; and safeguard shareholders' rights National Sustainability Reporting Framework (NSRF) Launch and Committee The NSRF was launched on 24 September 2024 by the Advisory Committee of Sustainability Reporting ("ACSR"), an inter- agency committee which comprise representatives from Securities Commission Malaysia, Audit Oversight Board of the Securities Commission Malaysia, Bank Negara Malaysia, Companies Commission of Malaysia, Bursa Malaysia, and the Financial Reporting Foundation. Access to Details Details of the NSRF is accessible at https://www.sc.com.my/nsrf Focus Areas of Amendments Sustainability Reporting Requirements Aligning the sustainability reporting framework with the National Sustainability Reporting Framework ("NSRF") General Meeting Requirements Promoting shareholder participation in general meetings of listed issuers by requiring physical or hybrid meetings Related Adviser Requirements Strengthening accountability of Recognised Principal Advisers which promoted applicants for listing by naming them in public documents of listed issuers for a specified period PACE Initiative PACE (Policy, Assumptions, Calculators and Education) is an initiative established by the Advisory Committee of Sustainability Reporting to support listed issuers in using the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. PACE offers a wide range of resources to ensure companies of all sizes can meet the sustainability reporting requirements. Policy: Guidance on sustainability policies Calculators: Emissions calculators for companies Education: Capacity building programmes Resources: Wide range of support materials The resources and guidance materials can be found on PACE's website at: https://www.sc.com.my/nsrf/pace . Sustainability Reporting Requirements Sustainability Statement Preparation Requiring a sustainability statement in annual report ("Sustainability Statement") to be prepared in accordance with the IFRS Sustainability Disclosure Standards, specifically IFRS S1 and IFRS S2, and consequential to this, replacing the term <economic, environmental and social risks and opportunities= with <sustainability-related risks and opportunities (<SROs=) Quantitative Information Maintaining or modifying the existing disclosure of metrics and targets demonstrating performance and progress in relation to SROs for the last 3 financial years, and a summary of the data in a prescribed format Statement of Assurance A statement on whether the listed issuer has subjected the Sustainability Statement to internal review by its internal auditor or independent assurance performed in accordance with recognised assurance standards Implementation Timeline Group 1 Listed Issuers Listed issuers with market capitalisation of RM2 billion and above as at 31 December 2024 or the date of admission to the Official List after 31 December 2024: Effective for FYE on or after 31 December 2025. Group 2 Listed Issuers All other listed issuers: Effective for FYE on or after 31 December 2026. Transitional Period For 2 full financial years commencing from the respective Effective Dates, listed issuers may adopt transition reliefs when preparing and issuing the Sustainability Statements. General Meeting Requirements Physical Venue Requirements Requiring a listed issuer to hold its general meeting at a physical venue in Malaysia ("Main Venue") Hybrid Meeting Compliance If holding concurrent physical meetings or using virtual technology: - Put in place necessary tools and infrastructure for smooth broadcast and interactive participation - Ensure all shareholders have similar rights to speak and vote Effective Date Applicable to general meetings held on or after 1 March 2025 Shareholder Engagement Listed issuers should aim to promote wider shareholder engagement and encourage participation at meetings Related Adviser Requirements Disclosure Requirement Requiring a listed issuer to state the name of the Recognised Principal Adviser responsible for its admission to the Main Market in all its announcements and documents issued to its securities holders, for 2 full financial years from admission Display Guidelines The statement must be prominently displayed but does not imply that the named Recognised Principal Adviser is responsible for the matter stated in the announcements and documents, unless it is the adviser for such matter Effective Date Applicable to a listed issuer which is admitted to the Main Market on or after 2 January 2025 Prominently displayed: must be in print no smaller than the main text and displayed prominently on the front page of the announcement and documents

Welcoming the Year of the Wood Snake: A Time for Reflection, Renewal, and Prosperity As the red lanterns light up the streets and the sound of firecrackers fills the air, Ascendserv  proudly welcomes the Year of the Wood Snake—a symbol of wisdom, resilience, and transformation. This Chinese New Year, we take the opportunity to reflect on the past, strengthen our connections, and look forward to a year filled with prosperity and growth. Coming Together for a Festive Celebration At Ascendserv , we believe that success is best celebrated together. In the spirit of unity, our team gathered to mark the beginning of the Lunar New Year with a series of meaningful traditions. From a sumptuous reunion feast to the lively exchange of mandarin oranges, every moment was a reminder of our shared values and aspirations. The highlight of our celebration was the prosperity toss, or ‘lou hei’ , where colleagues enthusiastically tossed ingredients high into the air—each movement a wish for abundance, success, and good fortune. With every joyful cheer of “Huat ah!” , we embraced the excitement of new beginnings. Looking Ahead: A Year of Wisdom and Growth The Wood Snake is known for its intelligence, adaptability, and strategic vision—qualities that align with Ascendserv’s  core values. As we step into the new year, we are inspired to embrace these traits, continuously innovating, learning, and navigating challenges with confidence. As we shed the past year like a snake’s old skin, we step into 2025 with renewed energy, fresh perspectives, and a strong foundation for even greater achievements. From all of us at Ascendserv , we wish you a prosperous, joyful, and fulfilling Year of the Snake! 🧧🐍

Ascendserv Team wishes you a very Merry Christmas As the year draws to a close, the festive season presents the perfect opportunity to pause, reflect, and celebrate. At Ascendserv , we recently came together for a special team meal—an evening filled with gratitude, camaraderie, and anticipation for the year ahead. Reflecting on a Year of Achievements The past year has been one of growth, innovation, and collective success. Our team has worked tirelessly to overcome challenges, seize new opportunities, and strengthen our position in the industry. Gathering around the table, we took a moment to appreciate the dedication and resilience that made these achievements possible. Strengthening Bonds Over a Festive Feast Beyond professional milestones, what truly defines Ascendserv  is our people. The team meal was more than just a celebration—it was a chance to reconnect outside of the office, share stories, and enjoy the warmth of the season. Laughter and conversation flowed as we reflected on memorable moments from the past year and looked forward to what’s next. Looking Ahead to a Promising New Year As we step into the new year, we do so with a renewed sense of purpose and excitement. The evening served as a reminder that success is built not only on hard work but also on strong relationships and shared values. From all of us at Ascendserv , we extend our warmest wishes for a joyful festive season and a prosperous New Year. Here’s to continued success, collaboration, and growth in the months ahead!

Announced on 23rd December 2024 Purpose: in line with ongoing developments in the capital market landscape; to improve quality of disclosures in the marketplace; and safeguard shareholders' rights Focused on: aligning the sustainability reporting framework with the National Sustainability Reporting Framework ("NSRF")("Sustainability Reporting Requirements"); promoting shareholder participation in general meetings of listed issuers by requiring physical or hybrid meetings ("General Meeting Requirements"); and updating the requirements relating to publication of a listing Sponsor's name in public documents for greater clarity ("Related Sponsor Requirements"). National Sustainability Reporting Framework (NSRF) Launch Date Officially introduced by the Advisory Committee of Sustainability Reporting (ACSR) on 24 September 2024, marking a significant milestone in Malaysia's sustainability journey. ACSR Composition A powerful collaboration of Malaysia's key financial regulators and authorities, bringing together expertise from Securities Commission Malaysia, Audit Oversight Board, Bank Negara Malaysia, Companies Commission of Malaysia, Bursa Malaysia, and the Financial Reporting Foundation. Access to NSRF Details For comprehensive information and guidelines, visit the official NSRF portal at https://www.sc.com.my/nsrf PACE Initiative Purpose An initiative established by the Advisory Committee of Sustainability Reporting to support listed issuers in using the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures. Comprehensive Resources PACE offers a wide range of resources, including policy guidance, emissions calculators, and capacity building programs, to ensure companies of all sizes can meet the sustainability reporting requirements. Resource Access The resources and guidance materials can be found on PACE's website at: https://www.sc.com.my/nsrf/pace . General Meeting Requirements Physical Venue Requirement Starting March 1, 2025, listed issuers must conduct general meetings at a designated physical venue in Malaysia serving as the Main Venue. Virtual Participation Options Companies may offer concurrent physical venues or virtual meeting capabilities, equipped with comprehensive broadcast and interactive participation infrastructure. Equal Shareholder Rights All shareholders must be granted equivalent rights to speak and vote during general meetings, regardless of participation method. Enhanced Engagement Meeting formats should be designed to maximize shareholder participation and engagement, effective from March 1, 2025. Listed issuers should aim to promote wider shareholder engagement and encourage participation at meetings when deciding the mode of conducting general meetings. Sustainability Reporting Requirements Effective Date Mandatory compliance required for Sustainability Statements in annual reports for financial year ending (FYE) on or after 31 December 2027, giving organizations sufficient time to adapt their reporting processes. Sustainability Statement Preparation Listed companies must prepare comprehensive sustainability statements in accordance with IFRS Sustainability Disclosure Standards. This includes full compliance with IFRS S1 for general sustainability-related financial disclosures and IFRS S2 for specific climate-related assessments and impacts. Additional Disclosures Organizations must continue providing detailed Quantitative Information on sustainability metrics and obtain a Statement of Assurance from qualified third-party validators, ensuring transparency and accountability in sustainability reporting. Sustainability Statement Prior to Effective Dates Immediate Effect The disclosure requirements for basic low carbon transition plans and common sustainability matters (introduced September 2022) will be disapplied with immediate effect. FYE on or after 31 December 2024 Listed corporations must maintain narrative statements covering management of material economic, environmental and social risks and opportunities. FYE on or after 31 December 2025 and 2026 Companies must comply with deferred 2022 SRF requirements, including narrative statements, 3-year data targets, and Statement of Assurance disclosure. Transitional Arrangements During the 3-year transitional period from respective Effective Dates, listed issuers may apply the following simplified reporting approach: Step 1: Focus on Climate-related Disclosures Organizations may initially limit their reporting scope to climate-related risks and opportunities, while building capacity for broader sustainability reporting. Step 2: Principal Business Segments Only Climate-related risk and opportunities disclosure requirements will apply only to principal business segments during the transition period. Step 3: Limited Emissions Reporting Scope 3 greenhouse gas emissions disclosure is not required unless specifically mandated by other regulators. These transitional arrangements apply for 3 full financial years commencing from the respective Effective Dates. Listed issuers are encouraged to use IFRS S1 for non-climate SROs disclosures during this period. Related Sponsor Requirements Applicability These requirements are applicable to a listed issuer which is admitted to the ACE Market on or after 2 January 2025 onwards. Key Changes Clarifying naming requirements for Recognised Approved Adviser and Sponsor in Public Documents Extending naming requirements for 2 full financial years from listing, even when exempted from continued compliance with Sponsor requirements Ensuring prominent display of Sponsor and Recognised Approved Adviser names without implying responsibility for the entire document content ILLUSTRATION A: OVERVIEW OF THE DISCLOSURE REQUIREMENTS FOR SUSTAINABILITY STATEMENTS UNDER ACE LR