The Board of Directors of the Company is pleased to announce that Steel Hawk Engineering Sdn Bhd ("SHESB"), a wholly-owned subsidiary of Steel Hawk, had on 28th February 2025 received a Letter of Appointment, appointing SHESB as PETRONAS Carigali Sdn. Bhd.'s panel contractor for the Panel Contractor Appointment for Provision of Engineering, Procurement, Construction and Commissioning for Remote Operations for PETRONAS Carigali Sdn. Bhd. ("PCSB") ("the Appointment").

Subsequently, the Company had on 27th March 2025 obtained written consent from PCSB to release the announcement to Bursa Malaysia Securities Berhad pertaining to the appointment to SHESB.

Please refer to the attachment for further details.

This announcement is dated 27th March 2025.

Please refer attachment below.