TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FAVELLE FAVCO BERHAD (“FAVCO” OR “THE COMPANY”) – PROPOSED ACQUISITION BY FAVCO OF THE ENTIRE EQUITY INTEREST IN SERAM INDUSTRIES SAS FROM MAREC INDUSTRIE SAS FOR AN INITIAL PURCHASE PRICE OF EUROS (“EUR”) 7,500,000 WITH CONDITIONAL DEFERRED CONSIDERATION OF UP TO EUR 2,500,000 IN CASH (“PROPOSED ACQUISITION”)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FAVELLE FAVCO BERHAD ("FAVCO" OR "THE COMPANY") - PROPOSED ACQUISITION BY FAVCO OF THE ENTIRE EQUITY INTEREST IN SERAM INDUSTRIES SAS FROM MAREC INDUSTRIE SAS FOR AN INITIAL PURCHASE PRICE OF EUROS ("EUR") 7,500,000 WITH CONDITIONAL DEFERRED CONSIDERATION OF UP TO EUR 2,500,000 IN CASH ("PROPOSED ACQUISITION")

FAVELLE FAVCO BERHAD

(Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcements dated 12 January 2026 and 3 February 2026)

We refer to the announcements dated 12 January 2026 and 3 February 2026 in relation to the Proposed Acquisition.

The Board of Favco wishes to announce that the parties to the SPA ("Parties") have fulfilled all the required closing deliverables (other than those mutually waived) on 9 February 2026 (“Closing Date”) in accordance with the SPA dated 12 January 2026 and the Amended SPA dated 31 January 2026.

The issuance of the Bank Guarantees remains a condition subsequent to be fulfilled within sixty (60) days from the Closing Date, failing which the SPA shall be automatically terminated, and the Parties shall be instated in the position they were in prior to the Closing Date and in accordance with the applicable provisions of the French Civil Code.

This announcement is dated 10 February 2026.