ARKA BERHAD — Proxy Solicitation & Information Statement 2026

May 27, 2026

Arka

BERHAD

ARKA BERHAD

(Registration No. 197701005709 (36747-U))

(Incorporated in Malaysia)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of Arka Berhad ("Arka" or the "Company") will be held at Dewan Bungaraya, Level 2, WP Hotel, 362, Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur, on Monday, 22 June 2026 at 10:45 a.m. or immediately following the conclusion or adjournment of the Forty Eighth (48th) Annual General Meeting of the Company scheduled to be held on the same day at 10.00 a.m., whichever is later, for the purpose of considering and, if thought fit, passing with or without modifications, the following resolutions:

ORDINARY RESOLUTION

PROPOSED DISPOSAL BY ARKA BERHAD ("ARKA" OR THE "COMPANY") OF 800,000 ORDINARY SHARES REPRESENTING THE 40% EQUITY INTEREST IN ENFRASYS SOLUTIONS SDN BHD TO JOY JEWEL SDN BHD FOR A DISPOSAL CONSIDERATION OF RM43.0 MILLION TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED DISPOSAL")

"THAT, subject to all relevant approvals of all authorities and/or other parties (if required) being obtained in respect of the Proposed Disposal, approval be and is hereby granted to the Company to dispose Enfrasys Solutions Sdn Bhd for a cash consideration of RM43.0 million, subject to and upon such terms and conditions as set out in the share purchase agreement dated 9 April 2026 entered into between Arka with Joy Jewel Sdn Bhd in relation to the Proposed Disposal ("SPA").

AND THAT approval be and is hereby given to the Board to give full effect to the Proposed Disposal with full powers and authority to approve, agree and assent to any conditions, variations, revaluations, modifications, and/or amendments in any manner as may be required/ permitted by the relevant regulatory authorities or deemed necessary by the Board, to deal with matters, incidental, ancillary to and/or relating thereto and take all steps and do all acts and to execute or enter into all such agreements, arrangements, undertakings, indemnities, transfers, extensions, assignments, deeds, confirmations, declarations and/or guarantees, with any party or parties, to deliver or cause to be delivered all such documents and to do all such acts and matters as the Board may consider necessary to implement, finalise and give full effect to and complete the Proposed Disposal."

BY ORDER OF THE BOARD

YEOW SZE MIN (MAICSA 7065735) (SSM PC NO. 201908003120)

POH MING YI (LS 0010863) (SSM PC NO. 202408000861)

Company Secretaries

Kuala Lumpur

29 May 2026

Notes:

(1) A member of the Company entitled to attend and vote is entitled to appoint one (1) or more persons as his proxy to exercise all or any of his rights to attend, participate, speak and vote in his stead.

(2) Where a member of the Company appoints two (2) or more proxies to attend the meeting, the member shall specify the proportion of his shareholdings to be represented by each proxy, failing which, the appointments shall be invalid.

(3) A proxy may but need not be a member and there shall be no restriction as to the qualification of the proxy.

(4) Where a member is an Authorised nominee as defined under The Securities Industry (Central Depositories) Act, 1991, it may appoint at least one proxy in respect of each Securities Account it holds with ordinary shares of the Company standing to the credit of the said Securities Account. Where a member of the Company is an Exempt Authorised Nominee which holds ordinary shares in the Company for multiple beneficial owners in one securities account ("omnibus account") there shall be no limit to the number of proxies which the Exempt Authorised Nominee may appoint in respect of each omnibus account it holds.

(5) The instrument appointing a proxy shall be in writing, and the power of attorney or other authority (if any) under which it is signed or a notarially certified copy thereof, shall be deposited at the Registered Office of the Company situated at Suite 18.05, MWE Plaza, No. 8, Lebuh Farquhar, 10200 George Town, Penang not less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting, in default the instrument of proxy shall not be treated as valid.

(6) Subject to the Constitution, shareholders may deposit the instrument appointing the proxy by electronics means by way of submitting the instrument to the following e-mail address info@sshsb.com.my not less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting, and in default the instrument of proxy shall not be treated as valid.

(7) An instrument appointing a proxy shall in the case of an individual, be signed by the appointor or by his attorney duly authorised in writing and in the case of a corporation, be either under its common seal or signed by its attorney or in accordance with the provision of its constitution or by an officer duly authorised on behalf of the corporation.

(8) In respect of deposited securities, only members whose names appear on the Record of Depositors on 15 June 2026, shall be eligible to attend the meeting or appoint proxy(ies) to attend and/or vote on his behalf.

(9) Pursuant to Paragraph 8.29A(1) of the MMLR, the resolution set out in this Notice will be put to vote by way of poll.