CLOUDPOINT TECHNOLOGY BERHAD — Interim / Quarterly Report 2026

May 24, 2026

CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)

INTERIM FINANCIAL REPORT
FIRST QUARTER ENDED
31 MARCH 2026

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME FOR THE CURRENT QUARTER AND PERIOD TO DATE ENDED 31 MARCH 2026(1)

| | INDIVIDUAL QUARTER
3 MONTHS | | CUMULATIVE QUARTER
YEAR-TO-DATE | |
| --- | --- | --- | --- | --- |
| | 31 March
2026 | 31 March
2025 | 31 March
2026 | 31 March
2025 |
| | RM'000 | RM'000 | RM'000 | RM'000 |
| Revenue | 34,833 | 35,591 | 34,833 | 35,591 |
| Cost of sales | (27,583) | (24,140) | (27,583) | (24,140) |
| Gross profit | 7,250 | 11,451 | 7,250 | 11,451 |
| Other income | 91 | 58 | 91 | 58 |
| Administrative expenses | (3,350) | (3,037) | (3,350) | (3,037) |
| Selling and distribution expenses | (1,398) | (1,928) | (1,398) | (1,928) |
| Operating profit | 2,593 | 6,544 | 2,593 | 6,544 |
| Finance income | 174 | 138 | 174 | 138 |
| Finance costs | (20) | (27) | (20) | (27) |
| Profit before tax | 2,747 | 6,655 | 2,747 | 6,655 |
| Tax expense | (913) | (1,597) | (913) | (1,597) |
| Profit after tax/ Total
comprehensive income | 1,834 | 5,058 | 1,834 | 5,058 |
| Profit after tax/ Total
comprehensive income
attributable to: | | | | |
| Owners of the Company | 1,974 | 4,498 | 1,974 | 4,498 |
| Non-controlling interests | (140) | 560 | (140) | 560 |
| | 1,834 | 5,058 | 1,834 | 5,058 |
| Basic earnings per share
attributable to owners of
Company (sen)(2) | 0.37 | 0.85 | 0.37 | 0.85 |

Notes:

1) The basis of preparation of the unaudited condensed consolidated statement of profit or loss and other comprehensive income is disclosed in Note A1 and should be read in conjunction with the Audited Financial Statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

2) Basic earnings per share is computed based on profit attributable to owners of the Company divided by the Company's weighted average number of ordinary shares as disclosed in Note B10.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026

| | UNAUDITED
As at 31 March 2026
RM'000 | AUDITED
As at 31 December 2025
RM'000 |
| --- | --- | --- |
| Non-current assets | | |
| Property, plant and equipment | 11,449 | 10,989 |
| Goodwill | 17,754 | 17,754 |
| Deferred tax assets | 2,673 | 2,673 |
| | 31,876 | 31,416 |
| Current assets | | |
| Inventories | 11,244 | 7,734 |
| Trade receivables | 28,492 | 59,368 |
| Other receivables | 9,715 | 5,966 |
| Current tax assets | 186 | 86 |
| Contract assets | 22,391 | 22,794 |
| Other investment | 8,149 | 11,057 |
| Cash and deposits | 45,485 | 38,816 |
| | 125,662 | 145,821 |
| Total assets | 157,538 | 177,237 |
| Equity | | |
| Share capital/Invested equity | 54,944 | 54,944 |
| Merger (deficit) / reserve | (14,150) | (14,150) |
| Retained earnings | 51,911 | 49,937 |
| | 92,705 | 90,731 |
| Non-controlling interests | 3,453 | 5,093 |
| Total equity | 96,158 | 95,824 |
| Non-current liabilities | | |
| Borrowings | 790 | 867 |
| | 790 | 867 |
| Current liabilities | | |
| Borrowings | 354 | 415 |
| Current tax liabilities | 295 | 1,510 |
| Trade payables | 17,783 | 24,729 |
| Other payables | 15,433 | 20,298 |
| Dividend Payable | - | 5,316 |
| Contract liabilities | 26,725 | 28,278 |
| | 60,590 | 80,546 |
| Total liabilities | 61,380 | 81,413 |
| Total equity and liabilities | 157,538 | 177,237 |
| Net assets per share attributable to owners of the Company (sen) | 17.44 | 17.07 |

Notes:

1) The basis of preparation of the unaudited condensed consolidated statement of financial position is disclosed in Note A1 and should be read in conjunction with the Audited Financial Statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

2) Net assets per share is calculated based on equity attributable to owners of the Company divided by the Company's number of ordinary shares of 531,600,000 at the end of the reporting period.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL PERIOD ENDED 31 MARCH 2026

	Invested equity/ Share capital	Non-Distributable reserve	Distributable reserve
		Merger reserve	Retained earnings	Sub-total	Non-controlling Interest	Total
	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000
Balance as at 1 January 2025	54,944	(14,150)	40,030	80,824	155	80,979
Profit for the financial period, representing total comprehensive income for the financial period	-	-	4,498	4,498	560	5,058
Balance as at 31 March 2025	54,944	(14,150)	44,528	85,322	715	86,037
Balance as at 1 January 2026	54,944	(14,150)	49,937	90,731	5,093	95,824
Profit for the financial period, representing total comprehensive income for the financial period	-	-	1,974	1,974	(140)	1,834
Transaction with owners
Dividend paid on shares	-	-	-	-	(1,500)	(1,500)
Balance as at 31 March 2026	54,944	(14,150)	51,911	92,705	3,453	96,158

Note:

(1) The basis of preparation of the unaudited condensed consolidated statement of changes in equity is disclosed in Note A1 and should be read in conjunction with the Audited Financial Statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FINANCIAL PERIOD ENDED 31 MARCH 2026

| | CURRENT PERIOD TO DATE
31 March 2026
RM'000 | PRECEDING YEAR CORRESPONDING PERIOD
31 March 2025
RM'000 |
| --- | --- | --- |
| CASH FLOW FROM OPERATING ACTIVITIES | | |
| Profit before tax | 2,747 | 6,655 |
| Adjustments for: | | |
| Depreciation of property, plant & equipment | 572 | 565 |
| Dividend income from other investment | (91) | (46) |
| Net fair value gain on other investment | - | (12) |
| Finance costs | 20 | 27 |
| Finance income | (174) | (138) |
| Operating profit before changes in working capital | 3,074 | 7,051 |
| Changes in Working Capital: | | |
| Inventories | (3,510) | (5,791) |
| Trade receivables | 30,877 | (3,022) |
| Other receivables | (3,747) | (1,289) |
| Contract assets | 402 | 7,966 |
| Trade payables | (6,946) | (18,444) |
| Other payables | (4,865) | (1,429) |
| Contract liabilities | (1,553) | 11,384 |
| Net cash generated from/(used in) operations | 13,732 | (3,574) |
| Income tax paid | (2,229) | (2,191) |
| Income received | 174 | 138 |
| Net cash from/(used in) operating activities | 11,677 | (5,627) |
| CASH FLOW FROM INVESTING ACTIVITIES | | |
| Purchase of property, plant and equipment | (1,032) | (134) |
| Proceeds from disposal of other investment | 3,000 | 1,250 |
| Non-controlling interest | (1,500) | - |
| Purchase of other investment | - | (4,988) |
| Net cash (used in)/from investing activities | 468 | (3,872) |

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

| | CURRENT PERIOD
TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD |
| --- | --- | --- |
| | 31 March 2026 | 31 March 2025 |
| | RM'000 | RM'000 |
| CASH FLOW FROM FINANCING
ACTIVITIES | | |
| Interest paid | (20) | (27) |
| Repayment of lease liability | (126) | (103) |
| Repayment of hire purchase payables | (13) | - |
| Dividend paid | (5,316) | - |
| Net cash used in financing activities | (5,475) | (130) |
| NET INCREASE/(DECREASE) IN CASH
AND CASH EQUIVALENTS | 6,670 | (9,629) |
| CASH AND CASH EQUIVALENTS AT
BEGINNING OF FINANCIAL PERIOD | 33,546 | 30,732 |
| CASH AND CASH EQUIVALENTS AT
END OF FINANCIAL PERIOD | 40,216 | 21,103 |

Note:
(1) The basis of preparation of the above unaudited condensed consolidated statement of cash flows is disclosed in Note A1 and should be read in conjunction with the Audited Financial Statements for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

A EXPLANATORY NOTES PURSUANT TO MFRS 134

A1 Basis of preparation

The interim financial statements are unaudited and had been prepared in accordance with the requirements of the Malaysian Financial Reporting Standards ("MFRSS") 134 "Interim Financial Reporting" and Paragraph 9.22 and Appendix 9B of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements").

This is the first interim financial statement on the unaudited condensed consolidated financial results for the first quarter ended 31 March 2026 announced by Cloudpoint Technology Berhad ("Company") and its subsidiaries ("Group") in compliance with the Listing Requirements.

The unaudited interim financial statement should be read in conjunction with the Audited Financial Statements for the financial year ended 31 December 2025 and the accompanying explanatory notes are attached to this interim financial report.

The accounting policies applied by the Group are consistently applied for the financial periods presented in these unaudited interim financial statements.

Adoption of new MFRS and amendments/improvements to MFRSs

The Group has adopted the following new MFRS and amendments/improvements to MFRSs that are mandatory for the current financial period:

Amendments/Improvements to MFRSs		Effective for financial periods beginning on or after
MFRS 1	First-time Adoption of Malaysian Financial Reporting Standards	1 January 2026
MFRS 7	Financial Instruments: Disclosures	1 January 2026
MFRS 9	Financial Instruments	1 January 2026
MFRS 10	Consolidated Financial Statements	Deferred
MFRS 18	Presentation and Disclosure in Financial Statements	1 January 2027
MFRS 19	Subsidiaries without Public Accountability: Disclosures	1 January 2027
MFRS 107	Statement of Cash Flows	1 January 2026
MFRS 121	The Effects of Changes in Foreign Exchange Rates	1 January 2027
MFRS 128	Investment in Associates and Joint Ventures	Deferred

The adoption of these standards and amendments is not expected to have any material impact on the financial statements of the Group in the period of initial application.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

A2 Auditors' report

The auditors' report of the audited financial statements for the financial year ended 31 December 2025 was not subject to any qualification.

A3 Seasonal or cyclical factors

The Group's business is not subjected to any significant seasonal or cyclical factors.

A4 Material unusual items

There were no unusual items affecting assets, liabilities, equity, net income or cash flows during the current quarter and financial period under review.

A5 Changes in estimates

There were no changes in the nature and estimates of amounts reported which have a material effect on the results for the current quarter and financial period under review.

A6 Debt and equity securities

There was no issuance, cancellation, repurchase, resale and repayments of debt and equity securities by the Group during the interim financial reporting period under review.

A7 Dividends paid

The Company paid the following dividends:

i) First Interim Single-Tier Dividend of RM0.01 per share in respect of the financial year ended 31 December 2025 amounting to RM5,316,000.00 paid on 2 January 2026.
ii) Second Interim Single-Tier Dividend of RM0.01 per share in respect of the financial year ended 31 December 2025 amounting to RM5,316,000.00 paid on 10 April 2026.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

A8 Segment information

The segment information for the individual quarter ended 31 March 2026 is as follows:

| | Project-based income model
RM'000 | Recurring income model
RM'000 | Digital Applications and Cloud Services income model
RM'000 | Total
RM'000 |
| --- | --- | --- | --- | --- |
| 31 March 2026 | | | | |
| Revenue: | | | | |
| Revenue from external customers | 21,366 | 9,956 | 3,511 | 34,833 |
| Segment profit | 2,001 | 4,975 | 274 | 7,250 |
| Other income | | | | 91 |
| Unallocated expenses | | | | (4,748) |
| Finance income | | | | 174 |
| Finance costs | | | | (20) |
| Income tax expense | | | | (913) |
| Profit for the financial period | | | | 1,834 |
| Results: | | | | |
| Included in the measure of segment profit are: | | | | |
| Depreciation of property, plant and equipment | | | | 572 |
| Employee benefits expense | | | | 6,520 |

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

A8 Segment information (continued)

The segment information for the individual quarter ended 31 March 2025 is as follows:

	Project-based income model RM'000	Recurring income model RM'000	Digital Applications and Cloud Services income model RM'000	Total RM'000
31 March 2025
Revenue:
Revenue from external customers	23,597	9,772	2,222	35,591
Segment profit	5,478	5,628	345	11,451
Other income				58
Unallocated expenses				(4,965)
Finance income				138
Finance costs				(27)
Income tax expense				(1,597)
Profit for the financial period				5,058
Results:
Included in the measure of segment profit are:
Depreciation of property, plant and equipment				565
Employee benefits expense				6,254

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

A9 Valuation of property, plant and equipment

The Group did not carry out any valuation on its property, plant and equipment in the current quarter.

A10 Material events subsequent to the end of the quarter

Save as disclosed in Note B6, there was no material event subsequent to the end of the current quarter and financial period under review.

A11 Changes in the composition of the group

Save as disclosed in Note B6 and below, there were no changes to the composition of the Group for the current quarter and financial period under review.

A12 Capital commitments

There were no capital commitments in the Group for the quarter under review.

A13 Related party transactions

Save as disclosed below, there were no material related party transactions during the current quarter and financial period under review:-

	Individual quarter ended 31 March		Cumulative quarter ended 31 March
	2026 RM'000	2025 RM'000	2026 RM'000	2025 RM'000
Rental expenses paid to the director of the subsidiary(1)(3)	-	21	-	21
Rental expenses paid to related parties of the directors in the subsidiary(2)(3)	42	42	42	42

Notes:

(1) Rental expenses paid to the director of Uniqcen Sales & Services Sdn Bhd ("USSSB") for the rental of office space and storage facility used by USSSB. The director of USSSB resigned in April 2025.

(2) Rental expenses paid to the related parties of the directors of Unique Central Sdn Bhd ("UCSB") for the rental of office spaces and storage facilities used by UCSB.

(3) The tenancy agreements in relation to these rental properties were entered into prior to the completion of the UCSB Acquisition and USSSB Acquisition (as defined under Note B4 below). As such the Company did not trigger the requirements under Rule 10.08 or 10.09 of the Listing Requirements at the point of entry into the said tenancy agreements. Moving forward, the company will make the necessary announcements and seek shareholders' approval (if required) prior to the renewal of the said tenancy agreements.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

B ADDITIONAL INFORMATION REQUIRED BY APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE MAIN MARKET

B1 Review of performance

	Individual Quarter		Cumulative Quarter
	31 March 2026 RM'000	31 March 2025 RM'000	31 March 2026 RM'000	31 March 2025 RM'000
Revenue	34,833	35,591	34,833	35,591
Gross profit	7,250	11,451	7,250	11,451
Profit before tax ("PBT")	2,747	6,655	2,747	6,655
Profit after tax ("PAT")	1,834	5,058	1,834	5,058

Current quarter

For the financial quarter ended 31 March 2026, the Group recorded a revenue of RM34.83 million.

The Group's revenue for the financial quarter under review was mainly derived from project-based income (which comprises of data centre & networking solutions as well as cybersecurity solutions), contributing revenue of RM21.37 million or 61% of the Group's total revenue. Meanwhile, the Group's digital applications and cloud services contributed revenue of RM3.51 million during the financial quarter under review.

Apart from the revenue contribution from project-based income, the Group also recorded revenue of RM9.96 million from the recurring income segment from the offering of professional information technology ("IT") services, which represents 29% of the Group's total revenue for the current financial quarter under review.

During the quarter, the Group registered a profit before tax and profit after tax of RM2.75 million and RM1.83 million, respectively.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

B2 Comparison with immediate preceding quarter's results

	Individual quarter ended 31 March 2026 RM'000	Individual quarter ended 31 December 2025 RM'000
Project-based income model	21,366	37,143
Recurring income model	9,956	11,836
Digital Applications and Cloud Services income model	3,511	9,051
Total Revenue	34,833	58,030
Profit before tax ("PBT")	2,747	10,392
Profit after tax ("PAT")	1,834	7,827

The Group recorded lower revenue of RM34.83 million compared to RM58.03 million in the immediate preceding quarter, representing a decline of 40%. The decrease in revenue was primarily attributable to lower revenue contribution from the project-based solutions and the Digital Applications and Cloud Services segment. Consequently, profit before tax and profit after tax decreased to RM2.75 million and RM1.83 million respectively, mainly due to the lower revenue recorded during the quarter.

B3 Prospects

Despite temporary delays in project rollouts and tender conversion, the Group remains optimistic on its long term prospects, supported by ongoing digital transformation initiatives and the growing adoption of artificial intelligence ("AI"). As enterprises continue to enhance infrastructure capabilities to support AI workloads, demand for next generation networking, cybersecurity and digital solutions is expected to remain healthy.

The Group's recently announced proposed acquisition of 100% equity interest in CX One Sdn Bhd is expected to further strengthen its digital transformation ecosystem, while creating cross selling opportunities and enhancing the enlarged Group's service offerings and recurring income base.

Moving forward, the Group will continue to focus on execution and strengthening its market position amid the evolving technology landscape. Barring unforeseen circumstances, the Board expects the Group's performance for FY2026 to remain satisfactory.

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

B4 Profit forecast / Profit guarantee

On 9 December 2024, the Company completed the following:-

(i) The acquisition of 75.0% total enlarged equity interest in UCSB for a cash consideration of RM14,490,000 ("UCSB Acquisition"); and
(ii) The acquisition of 75.0% total enlarged equity interest in USSSB for a cash consideration of RM12,285,000 ("USSSB Acquisition").

The Purchase Consideration shall be paid by Cloudpoint to the vendors of UCSB and USSSB ("Acquiree Companies") ("Vendors") as follows:

Mode of Payment	UCSB			USSSB
	Foo Choy Lim	Wong Wee Kiong	Total	Foo Choy Lim	Wong Wee Kiong	Tan Ki Lok	Total
	RM	RM	RM	RM	RM	RM	RM
Earnest deposit(1)	217,350	217,350	434,700	147,420	147,420	73,710	368,550
Deposit(2)	507,150	507,150	1,014,300	343,980	343,980	171,990	859,950
Balance purchase consideration(3)	2,898,000	2,898,000	5,796,000	1,965,600	1,965,600	982,800	4,914,000
Retention sum for financial years ended ("FYE") 31 December 2024(4)	1,207,500	1,207,500	2,415,000	819,000	819,000	409,500	2,047,500
Retention sum for FYE 31 December 2025(4)	1,207,500	1,207,500	2,415,000	819,000	819,000	409,500	2,047,500
Retention sum for FYE 31 December 2026(4)	1,207,500	1,207,500	2,415,000	819,000	819,000	409,500	2,047,500
Total	7,245,000	7,245,000	14,490,000	4,914,000	4,914,000	2,457,000	12,285,000

Notes:

(1) Paid on 6 February 2024.
(2) Paid on 12 August 2024.
(3) Paid on 25 November 2024.
(4) To be paid to Cloudpoint's solicitors within 14 days from the date of finalisation of the management account of UCSB or USSSB (as the case may be) for the respective FYE during FYE 31 December 2024 to FYE 31 December 2026 ("Guaranteed Period") subject to attainment of the profit guarantee under the management account for the respective FYE. Cloudpoint's solicitors is authorised to deal with the retention sum in the following manner:-
(i) to release to the Vendors within 14 days from the date of the respective audited financial statement of the Acquiree Companies during the Guaranteed Period in the event the Acquiree Companies achieve the profit guarantee audited in accordance with MFRS in the respective FYE;

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

(ii) to suspend the disbursement of the retention sum to the Vendors in the event the Acquiree Companies fail to achieve the profit guarantee audited in accordance with MFRS in FYE 31 December 2024 or FYE 31 December 2025, respectively;

(iii) to release the retention sum (or any remaining part thereof) to the Vendors within 14 days from the date of the audited financial statement for FYE 31 December 2026 of the Acquiree Companies in the event the Acquiree Companies achieve the profit guarantee audited in accordance with MFRS in aggregate; and/or

(iv) any shortfall between the actual aggregate audited profit after tax ("PAT") of the Acquiree Companies for the Guaranteed Period and the profit guarantee shall be deducted from the retention sum and to be released to Cloudpoint and the remaining part thereof shall be released to the Vendors within 14 days from the date of the audited financial statement for FYE 31 December 2026 of the Acquiree Companies.

The Vendors guarantee that the audited PAT of UCSB or USSSB (as the case may be) in accordance with MFRS for the Guaranteed Period (on a basis whereby all positive or negative variances arising from one-off gains, non-recurring gains or revaluation surplus shall be deducted and provisions made or adjusted accordingly ("Maintainable Earnings")) which shall not less than the following amounts ("Profit Guarantee"):

Company	PAT (RM'000)
	FYE 2024	FYE 2025	FYE 2026	Total
UCSB	2,300	2,500	2,600	7,400
USSSB	1,950	2,300	2,600	6,850
Total	4,250	4,800	5,200	14,250

For the avoidance of doubt, the achievement of the Profit Guarantee shall be determined on a cumulative basis:-

(i) any shortfall or deficiency or surplus between the audited PAT for any FYE during the Guaranteed Period and the Profit Guarantee for the respective FYE shall be brought forward to be aggregated with the PAT for the subsequent FYE during the Guaranteed Period; and

(ii) any shortfall or deficiency or surplus between the actual PAT of either UCSB or USSSB (as the case may be) for any FYE during the Guaranteed Period and Profit Guarantee for either UCSB or USSSB (as the case may be) shall be aggregated.

Additionally, subject to the continuity of the respective management service agreement between the:-

(i) UCSB's vendors and UCSB; and

(ii) USSSB's vendors and USSSB,

in the event the Acquiree Companies are able to achieve an aggregated audited PAT in excess of the RM14,250,000 during the Guaranteed Period ("Aggregated Profit Guarantee"), the Vendors shall be entitled to a sum amounting to 50.00% of any sum in excess of the Aggregate Profit Guarantee (arrived at after taking into consideration of the intention of the Board to incentivise the Vendors towards achieving higher profitability) as a prioritised dividends (whereby Cloudpoint shall renounce all rights in respect of the said dividend in favour of the Vendors) or management bonus (in the event either Vendor ceases to be the shareholder of the UCSB or USSSB) to the Vendors in accordance with their shareholding in the UCSB or USSSB as at the date of the share sale agreement of UCSB or USSSB ("Excess Profit Sharing").

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

For the FYE 31 December 2024, UCSB and USSSB have achieved the Profit Guarantee as follows:

Company	(a)		(b)		(a)-(b)=(c)		(d)
	PAT for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	REtention Sum to be released to Vendors for FYE 31 December 2024	REtention Sum to be released to Vendors for FYE 31 December 2024
	RM	RM	RM	RM	RM	RM	RM	RM
UCSB	4,647,817	2,300,000	2,347,817	2,415,000
USSSB	5,312,440	1,950,000	3,362,440	2,047,500
Total	9,960,257	4,250,000	5,710,257	4,462,500

As such, the retention sum of RM4,462,500 has been paid to the Vendors on 2 July 2025.

For the FYE 31 December 2025, UCSB and USSSB have achieved the Profit Guarantee as follows:

Company	(a)		(b)		(c)		(c)-(b)=(d)		(a)-(d)=(e)		(f)
	PAT for FYE 31 December 2025	Profit Guarantee for FYE 31 December 2025	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2025	Profit Guarantee for FYE 31 December 2024	Profit Guarantee for FYE 31 December 2025	Profit Guarantee for FYE 31 December 2025	Profit	REtention Sum to be released to Vendors for FYE 31 December 2025	REtention Sum to be released to Vendors for FYE 31 December 2025
	RM	RM	RM	RM	RM	RM	RM	RM
UCSB	631,432	2,347,817	2,500,000	152,183	479,249	2,415,000
USSSB	6,054,821	3,362,440	2,300,000	(1,062,440)	7,117,261	2,047,500
Total	6,686,253	5,710,257	4,800,000	(910,257)	7,596,510	4,462,500

As such, the retention sum of RM4,462,500 has been paid to the Vendors on 4 May 2026.

Save as disclosed above, the Group did not issue any profit forecast or profit guarantee in any public documents.

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

B5 Taxation

	Individual Quarter		Cumulative Quarter
	31 March 2026 RM'000	31 March 2025 RM'000	31 March 2026 RM'000	31 March 2025 RM'000
Income tax expense:
Current financial period	(913)	(1,597)	(913)	(1,597)
Effective tax rate	33.2%	24.0%	33.2%	24.0%

The effective tax rate was higher than the statutory tax rate of 24.0% due to losses incurred in subsidiaries and certain non-deductible expenses incurred in the current quarter.

B6 Status of corporate proposals and utilisation of proceeds

The Proposed Acquisition of CX One Sdn Bhd

On 6 May 2026, the Company entered into a share sale agreement ("SSA") for the proposed acquisition of 1,000,000 ordinary shares in CX One Sdn Bhd ("CX One") from Goh Poh Gan, Kursinah Binti Samat, Chee May Poh and Ng Siao Wei, representing 100.00% equity interest in CX One for a cash consideration of RM16.80 million. The proposed acquisition of CX One is pending completion.

In conjunction with the proposed acquisition of CX One, the Company had also announced the proposed variation and extension of timeframe for the utilisation of proceeds raised from the public issue pursuant to the Company's initial public offering ("Proposed Variation").

Based on this, the latest status of the utilisation of proceeds from the IPO are as follows:

	Proposed utilisation	Reallocation	Actual utilisation	Proposed Variation	Revised utilisation after Proposed Variation	Revised timeframe for utilisation
Purposes	RM'000	RM'000	RM'000	RM'000	RM'000
Business expansion	13,300	-	-	(9,900)	3,400	Within 60 months
Reallocation of corporate office	7,800	-	(3,295)	-	4,505	-
Working capital requirements	15,802	132	(15,934)	1,500	1,500	Within 48 months
Estimated listing expenses	3,500	(132)	(3,368)	-	-	-
Proposed Acquisition of CX One	-	-	-	8,400	8,400	Within 6 months from the Unconditional Date of the SSA
Total	40,402	-	(22,597)	-	17,805

For further details, please refer to the announcements dated 6 May 2026 and 8 May 2026.

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CLOUDPOINT TECHNOLOGY BERHAD
(Registration No. 202101020879 (1421179-X))
(Incorporated in Malaysia)
cloudpoint

B7 Borrowings

The Group's borrowings were as follows:

	Unaudited as at 31 March 2026	Audited as at 31 December 2025
	RM'000	RM'000
Non-Current Liabilities
Hire purchases	62	71
Lease liability	728	796
	790	867
Current Liabilities
Hire purchases	46	50
Lease liability	308	365
	354	415
Total	1,144	1,282

All the Group's borrowings are denominated in Ringgit Malaysia.

B8 Material litigation

The Group has no outstanding material litigation as at the date of this interim report.

B9 Proposed Dividend

The Board of Directors did not recommend any dividend for the financial period under review.

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CLOUDPOINT TECHNOLOGY BERHAD

(Registration No. 202101020879 (1421179-X))

(Incorporated in Malaysia)

cloudpoint

B10 Earnings per share

The basic and diluted earnings per share for the current quarter and financial period is calculated as follows:-

	INDIVIDUAL QUARTER		CUMULATIVE QUARTER
	UNAUDITED
31 March 2026	UNAUDITED
31 March 2025	UNAUDITED
31 March 2026	UNAUDITED
31 March 2025
Profit attributable to owners of the Company (RM'000)	1,974	4,498	1,974	4,498
Weighted average number of shares in issue ('000)	531,600	531,600	531,600	531,600
Basic earnings per share (sen) (1)	0.37	0.85	0.37	0.85

Note:

(1) The basic earnings per share is computed based on profit after tax attributable to the owners of the Company and divided by the weighted average number of ordinary shares in issue during the financial period under review.

There were no potential dilution effects on ordinary shares of the Group for the current quarter, current year-to-date, previous corresponding quarter and previous corresponding year-to-date. Accordingly, the diluted earnings per ordinary share for the current quarter, current year-to-date, previous corresponding quarter and previous corresponding year-to-date are equal to the basic earnings per ordinary share.

B11 Disclosure on selected expense/(income) items as required by the Listing Requirements

	Individual Quarter		Cumulative Quarter
	31 March 2026
RM'000	31 March 2025
RM'000	31 March 2026
RM'000	31 March 2025
RM'000
Profit before tax is arrived at after charging/(crediting):-
Interest income	(174)	(138)	(174)	(138)
Other income	(91)	(58)	(91)	(58)
Interest expense	20	27	20	27
Depreciation and amortisation	572	565	572	565
Expenses for Corporate Exercise	-	83	-	83

Note:

(1) This is the first interim financial report announced in compliance with the Listing Requirements of Bursa Securities. Other disclosure items pursuant to Appendix 9B, Note 16 of the Listing Requirements are not applicable.