ECO WORLD DEVELOPMENT GROUP BERHAD — Proxy Solicitation & Information Statement 2026

May 24, 2026

ECOWORLD

NATIONAL CONGRESS & REVENUE

ECO WORLD DEVELOPMENT GROUP BERHAD

(Registration No. 197401000723::17777-V:)

(Incorporated in Malaysia)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of Eco World Development Group Berhad ("Company") will be held at Zepp Kuala Lumpur, 82-01-02, Level 02, The Labs, Bukit Bintang City Centre, No. 2, Jalan Hang Tuah, 33100 Kuala Lumpur on Monday, 13 June 2020 at 3.30 p.m., for the purpose of considering and, if thought fit, passing the following resolutions with or without modifications:

ORDINARY RESOLUTION 1

PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO VERSIONE NODE SON BIND ("VNSB") AND ECO WORLD (MACQUARIE) PTY LTD ("EMPL") ("PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO VNSB AND EMPL")

THAT subject to the proposed acquisition of the entire equity interest in EMPL becoming unconditional and all requisite approvals where necessary being obtained, approval be and is hereby given to the Company and/or its subsidiaries to provide financial assistance to VNSB and EMPL in any form, including in the form of shareholder/ advances and/or corporate guarantees and/or such other security documents which may be required by the financial party. For VNSB to partially fund the acquisition of 100% equity interest in EMPL, the registered proprietor of freehold land measuring approximately 2,751 square metres located in Macquarie Park, Sydney, Australia ("Macquarie Land"), and for VNSB and EMPL to partially fund the future development costs over the duration of the development of the Macquarie Land into a residential tower;

AND THAT the Board be and is hereby empowered and authorised to take all such steps, to do all acts, deeds and things and to execute, sign, deliver and cause to be delivered on behalf of the Company all such documents and/or agreements as may be necessary or expedient in order to finalise, implement, complete and to give effect to the Proposed Provision of Financial Assistance to VNSB and EMPL, with full powers to assert to any conditions, modifications, variations and/or amendments in any manner as may be required or imposed by the relevant authorities and/or parties and/or as the Board may, in their discretion, deem fit, necessary or expedient in the best interest of the Company."

ORDINARY RESOLUTION 2

PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO VERSIONE WEND SON BIND ("VWSB") ("PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO VWSB")

THAT subject to the requisite approvals where necessary being obtained, approval be and is hereby given to the Company and/or its subsidiaries to provide financial assistance to VWSB in any form, including in the form of shareholders' advances and/or corporate guarantees and/or such other security documents which may be required by the financial party. For VWSB to partially fund the acquisition of freehold land measuring approximately 34,156,538 square metres located in Johor Bahru, Johor ("Lanka Land") and future development costs over the duration of the development of the Lankin Land into serviced apartments with commercial components;

AND THAT the Board be and is hereby empowered and authorised to take all such steps, to do all acts, deeds and things and to execute, sign, deliver and cause to be delivered on behalf of the Company all such documents and/or agreements as may be necessary or expedient in order to finalise, implement, complete and to give effect to the Proposed Provision of Financial Assistance to VWSB, with full powers to assert to any conditions, modifications, variations and/or amendments in any manner as may be required or imposed by the relevant authorities and/or parties and/or as the Board may, in their discretion, deem fit, necessary or expedient in the best interest of the Company."

ORDINARY RESOLUTION 3

PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO ECO BUSINESS PARK 9 SDN BHD ("EBP9SB") ("PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO EBP9SB")

THAT subject to the requisite approvals where necessary being obtained, approval be and is hereby given to the Company and/or its subsidiaries to provide financial assistance to EBP9SB in any form, including in the form of shareholders' advances and/or corporate guarantees and/or such other security documents which may be required by the financial party. For EBP9SB to partially fund the acquisition of leasehold land measuring approximately 154,15 acres located in Kula, Johor ("IBTEC Land") and future development costs over the duration of development of the BTEC Land into an industrial park;

AND THAT the Board be and is hereby empowered and authorised to take all such steps, to do all acts, deeds and things and to execute, sign, deliver and cause to be delivered on behalf of the Company all such documents and/or agreements as may be necessary or expedient in order to finalise, implement, complete and to give effect to the Proposed Provision of Financial Assistance to EBP9SB, with full powers to assert to any conditions, modifications, variations and/or amendments in any manner as may be required or imposed by the relevant authorities and/or parties and/or as the Board may, in their discretion, deem fit, necessary or expedient in the best interest of the Company.

By Order of the Board

CHUA SIEW CHUAN (SSM PC No. 201908002648) (MAICSA 0777689)

TAN LEY THENG (SSM PC No. 201908001683) (MAICSA 7030358)

Company Secretaries

Kuala Lumpur

26 May 2026

Notes:

1. In respect of deposited securities, only members whose names appear in the Record of Depositions as at 8 June 2026 shall be eligible to participate at the EGM.

2. A member entitled to participate and vote at the EGM is entitled to appoint not more than two (2) proxies to participate and vote in his/her stead. A proxy may but does not need to be a member of the Company. Where a member appoints two (2) proxies, the appointments shall be invalid unless he/she specifies the proportions of his/her shareholdings to be represented by each proxy. A proxy appointed to participate and vote at the EGM shall have the same rights as the member to participate, given and vote at the EGM. Notwithstanding this, a member entitled to participate and vote at the EGM is entitled to appoint any person so his/her proxy to participate and vote instead of the member at the EGM. There shall be no restriction as to the qualification of the proxy.

3. In the case of a corporate member, the instrument appointing a proxy or corporate representative must be either under its common seal or under the hand of its office or attorney duly authorised.

4. Where a member of the Company is an exempt authorised nominee which holds ordinary shares in the Company for multiple beneficial inwivers in one (1) securities account ("Omnibus Account"), there is no limit to the number of proxies which the exempt authorised nominee may appoint to inspect of such Omnibus Account if holds. Where an exempt authorised nominee appoints more than one (1) proxy to participate and vote at the EGM, the proportion of shareholdings to be represented by each proxy must be specified in the instrument appointing the proxies, falling which, the appointment shall be invalid.

5. Where a member of the Company is an authorised nominee as defined under the Securities Industry (Central Department) Act 1991, it shall not be entitled to appoint more than two (2) proxies to participate and vote at a general meeting instead of him/her. Where an authorised nominee appoints two (2) proxies to participate and vote at the EGM, the proportions of shareholdings to be represented by each proxy must be specified in the instrument appointing the proxies, falling which, the appointment shall be invalid.

6. The instrument appointing a proxy may be made via hardcopy or by electronic means in the following manner and must be received by the Company no later than Saturday, 13 June 2026 at 3.30 p.m. or at any adjournment thereof:

(i) In Hardcopy Form

The Form of Proxy must be deposited at the Company's Registered Office at Level 7, Menara Wilenium, Jalan Domwinklo, Pusat Bender Demanwais, Demanwari Heights, 50490 Kuala Lumpur.

(ii) By Electronic Means

The Form of Proxy must be electronically lodged by fax to +603 2094 9940 or by email to infratrohrd.com.my.

1. Members, proxies, corporate representatives or attorneys who have questions on the Agenda Items of the EGM are strongly encouraged to submit such questions in advance to the Board via email at infratrohrd.com.my no later than Saturday, 13 June 2026 at 3.30 p.m. This will enable the Board and Management to provide more detailed and considered responses and to ensure the EGM is conducted in a more effective and efficient manner.