PMB TECHNOLOGY BERHAD — Interim / Quarterly Report 2026

May 27, 2026

PMB Technology Berhad

Registration No. 200201016594 (584257-X)

CONDENSED CONSOLIDATED INCOME STATEMENT

	Note	INDIVIDUAL QUARTER			CUMULATIVE QUARTER
		UNAUDITED CURRENT YEAR QUARTER 31 MARCH 2026 RM'000	UNAUDITED PRECEDING YEAR QUARTER 31 MARCH 2025 RM'000	Changes %	UNAUDITED CURRENT YEAR TO DATE 31 MARCH 2026 RM'000	UNAUDITED PRECEDING YEAR TO DATE 31 MARCH 2025 RM'000	Changes %
Revenue	B1	213,253	156,445	36%	213,253	156,445	36%
Operating expenses		(238,226)	(149,848)	59%	(238,226)	(149,848)	59%
Other operating income		3,828	873	338%	3,828	873	338%
Profit/(Loss) from operations		(21,145)	7,470	-383%	(21,145)	7,470	-383%
Finance costs		(3,241)	(3,491)	-7%	(3,241)	(3,491)	-7%
Profit/(Loss) before tax		(24,386)	3,979	-713%	(24,386)	3,979	-713%
Taxation	B5	(256)	(1,353)	-81%	(256)	(1,353)	-81%
Profit/(Loss) for the period		(24,642)	2,626	-1038%	(24,642)	2,626	-1038%
Profit attributable to :
Owners of the Company		(24,642)	2,626	-1038%	(24,642)	2,626	-1038%
Non-controlling interest		-	-		-	-
Profit/(Loss) for the period		(24,642)	2,626	-1038%	(24,642)	2,626	-1038%
Basic and diluted earnings per share (sen)	B10	(1.32)	0.14	-1038%	(1.32)	0.14	-1038%

(The Condensed Consolidated Income Statement should be read in conjunction with the Annual Financial Statements for the year ended 31 December 2025)

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PMB Technology Berhad

Registration No. 200201016594 (584257-X)

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

	INDIVIDUAL QUARTER			CUMULATIVE QUARTER
	UNAUDITED CURRENT YEAR QUARTER 31 MARCH 2026 RM'000	UNAUDITED PRECEDING YEAR QUARTER 31 MARCH 2025 RM'000	Changes %	UNAUDITED CURRENT YEAR TO DATE 31 MARCH 2026 RM'000	UNAUDITED PRECEDING YEAR TO DATE 31 MARCH 2025 RM'000	Changes %
Profit/(Loss) for the period	(24,642)	2,626	-1038%	(24,642)	2,626	-1038%
Other comprehensive income/(expense), net of tax
Foreign currency translation differences for foreign operations	(467)	(512)	-9%	(467)	(512)	-9%
Cash flow hedge	(959)	2,727	-135%	(959)	2,727	-135%
Total comprehensive income/(Loss) for the period	(26,068)	4,841	-638%	(26,068)	4,841	-638%
Total comprehensive income/(Loss) attributable to :
Owners of the Company	(26,068)	4,841	-638%	(26,068)	4,841	-638%
Non-controlling interest	-	-		-	-
Total comprehensive income/(Loss) for the period	(26,068)	4,841	-638%	(26,068)	4,841	-638%

(The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the Annual Financial Statements for the year ended 31 December 2025)

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PMB Technology Berhad

Registration No. 200201016594 (584257-X)

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

| | AS AT
31-MAR-26
RM'000
UNAUDITED | AS AT
31-DEC-25
RM'000
AUDITED |
| --- | --- | --- |
| ASSETS | | |
| Non-current assets | | |
| Property, plant and equipment | 1,557,789 | 1,539,913 |
| Right-of-use assets | 76,560 | 80,615 |
| Investment properties | 4,104 | 4,129 |
| Goodwill | 792 | 792 |
| Derivative financial assets | 269 | 1,162 |
| Deferred tax assets | 86 | 74 |
| | 1,639,600 | 1,626,685 |
| Current assets | | |
| Inventories and contract assets | 485,705 | 505,351 |
| Trade receivables | 152,902 | 208,417 |
| Other receivables, deposits and prepayments | 106,532 | 88,149 |
| Amount due from related companies | 13,469 | 11,056 |
| Tax recoverable | 7,295 | 7,704 |
| Derivative financial assets | 2,648 | 2,789 |
| Cash and bank balances | 83,307 | 91,417 |
| | 851,858 | 914,883 |
| Non-current asset held for sale | 18,362 | 18,362 |
| | 870,220 | 933,245 |
| TOTAL ASSETS | 2,509,820 | 2,559,930 |
| EQUITY AND LIABILITIES | | |
| Equity attributable to Owners of the Company | | |
| Share capital | 876,611 | 876,611 |
| Foreign currency translation reserve | 2,508 | 2,975 |
| Hedging reserve | 2,708 | 3,667 |
| Retained profit | 465,837 | 490,479 |
| Treasury shares, at cost | (2,220) | (2,220) |
| | 1,345,444 | 1,371,512 |
| Non-controlling interest | - | - |
| Total equity | 1,345,444 | 1,371,512 |
| Non-current liabilities | | |
| Loans and borrowings | 119,754 | 130,669 |
| Lease liabilities | 3,005 | 3,534 |
| Other payables | - | 4,126 |
| Deferred taxation | 77,852 | 78,100 |
| | 200,611 | 216,429 |
| Current Liabilities | | |
| Trade payables | 83,153 | 136,618 |
| Contract liabilities | 11,265 | 6,118 |
| Other payables and accruals | 40,480 | 50,241 |
| Loans and borrowings | 818,526 | 751,056 |
| Amount due to related companies | 5,686 | 21,959 |
| Lease liabilities | 4,655 | 5,997 |
| | 963,765 | 971,989 |
| Total liabilities | 1,164,376 | 1,188,418 |
| TOTAL EQUITY AND LIABILITIES | 2,509,820 | 2,559,930 |
| Net assets per share attributable to the owners of the company (RM) | 0.72 | 0.73 |

(The Condensed Consolidated Statement of Financial Position should be read in conjunction with the Annual Financial Statements for the year ended 31 December 2025)

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PMB Technology Berhad

Registration No. 200201016594 (584257-X)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

	<--- Attributable to Owners of the Company
	Share Capital RM'000	Non-distributable			Distributable Retained Profits RM'000	Total Equity RM'000	Non-controlling Interest RM'000	Total Equity RM'000
		Treasury Shares RM'000	Foreign currency translation reserve RM'000	Hedging Reserve RM'000
At 1 January 2026	876,611	(2,220)	2,975	3,667	490,479	1,371,512	-	1,371,512
Total comprehensive income for the period	-	-	(467)	(959)	(24,642)	(26,068)	-	(26,068)
At 31 March 2026	876,611	(2,220)	2,508	2,708	465,837	1,345,444	-	1,345,444
At 1 January 2025	876,611	(2,220)	7,501	(4,458)	503,306	1,380,740	-	1,380,740
Total comprehensive income for the period	-	-	(512)	2,727	2,626	4,841	-	4,841
At 31 March 2025	876,611	(2,220)	6,989	(1,731)	505,932	1,385,581	-	1,385,581

(The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the Annual Financial Statements for the year ended 31 December 2025)

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PMB Technology Berhad
Registration No. 200201016594 (584257-R)

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

	UNAUDITED FOR THE 3 MONTHS ENDED 31-MARCH-26 RM'000	UNAUDITED FOR THE 3 MONTHS ENDED 31-MARCH-25 RM'000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit/(Loss) before taxation	(24,386)	3,979
Adjustments for:
Depreciation	11,536	10,805
Net gain on disposal of property, plant and equipment, right-of-use assets and investment properties	-	(3)
Unrealised foreign exchange gain	(1,249)	(609)
Interest income	(311)	(201)
Interest expenses	3,241	3,491
Operating profit/(loss) before working capital changes	(11,169)	17,462
Changes in working capital:
Inventories & contract assets	19,646	(75,187)
Trade and other receivables	36,126	35,607
Trade and other payables	(78,636)	(44,228)
Cash used in operations	(34,033)	(66,346)
Income taxes paid	(32)	(1,600)
Net cash used in operating activities	(34,065)	(67,946)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment, right-of-use assets, land held for property development and investment properties	(18,938)	(28,389)
Change in pledged deposits	-	-
Interest received	311	201
Proceeds from disposal of property, plant and equipment, investment properties and assets classified as held for sale	-	3
Net cash used in investing activities	(18,627)	(28,185)
CASH FLOW FROM FINANCING ACTIVITIES
Interest expenses paid	(12,129)	(11,787)
Proceeds from bank borrowings	-	143,704
Repayment of bank borrowings	(19,912)	-
Proceeds of Lease Liabilities	623	-
Repayment of Lease Liabilities	-	(2,851)
Proceeds from loan	76,467	-
Repayment of loan	-	(24,608)
Net cash from financing activities	45,049	104,458
Exchange differences on translation of the financial statements of foreign operations	(467)	(512)
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS	(8,110)	7,815
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	91,417	97,291
CASH AND CASH EQUIVALENTS AT END OF PERIOD	83,307	105,106
The cash & cash equivalents comprise:
Cash & bank balances	83,307	105,106
Bank overdraft	-	-
	83,307	105,106

(The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the Annual Financial Statements for the year ended 31 December 2025)

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

PART A: EXPLANATORY NOTES

A1. Basis of preparation

These condensed consolidated interim financial statements have been prepared in accordance with Malaysian Financial Reporting Standards ("MFRS")'s MFRS 134: Interim Financial Reporting, paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and the requirements of the Companies Act 2016 in Malaysia.

The condensed consolidated interim financial statements should be read in conjunction with the audited annual financial statements of the Group for the financial year ended 31 December 2025. The explanatory notes attached to the condensed consolidated financial statements provide an explanation of events and transactions that are significant to understand the changes in the financial position and performance of the Group since the year ended 31 December 2025.

A2. Significant Accounting Policies

The accounting policies adopted in these condensed consolidated interim financial statements are consistent with those adopted for the financial year ended 31 December 2025, except for the adoption of the following accounting standards, interpretations and amendments to MFRSs effective for the annual periods beginning on or after 1 January 2026.

• Amendments to MFRS 9, Financial Instruments and MFRS 7, Financial Instruments: Disclosures – Classification and Measurement of Financial Instruments
• Amendments that are part of Annual Improvements — Volume 11:
• Amendments to MFRS 1, First-time Adoption of Malaysian Financial Reporting Standards
• Amendments to MFRS 7, Financial Instruments: Disclosures
• Amendments to MFRS 9, Financial Instruments
• Amendments to MFRS 10, Consolidated Financial Statements
• Amendments to MFRS 107, Statement of Cash Flows
• Amendments to MFRS 9, Financial Instruments and MFRS 7, Financial Instruments: Disclosures – Contracts Referencing Nature-dependent Electricity

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

A2. Significant Accounting Policies (Cont'd)

MFRS Accounting Standards and amendments effective for annual periods beginning on or after 1 January 2027

• MFRS 18, Presentation and Disclosure in Financial Statements
• MFRS 19, Subsidiaries without Public Accountability: Disclosures
• Amendments to MFRS 121, The Effects of Changes in Foreign Exchange Rates – Translation to a Hyperinflationary Presentation Currency

MFRS Accounting Standards and amendments effective for annual periods beginning on or after a date yet to be confirmed

• Amendments to MFRS 10, Consolidated Financial Statements and MFRS 128, Investments in Associates and Joint Ventures – Sale or Contribution of Assets between an Investor and its Associate or Joint Venture

The Group plans to apply the abovementioned accounting standards and amendments when effective. The adoption of the applicable accounting standards is not expected to have any material impacts to the financial statements of the Group upon the initial adoption.

A3. Seasonal or cyclical of operations

The business of the Group was not significantly affected by any seasonal or cyclical factors.

A4. Unusual items due to their nature, size and incidence

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

A5. Changes in estimates

There were no material changes in estimated amount reported in prior period which have a material effect on the current financial year-to-date.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

A6. Debt and equity securities

As at 31 March 2026, a total of 25,202,000 shares were held as treasury shares at cost in accordance with the requirements of Section 127 of the Companies Act, 2016. None of the treasury shares repurchased has been sold or cancelled.

There were no other issuance, cancellation, repurchase, resale and repayment of debt and equity securities for the current financial year to date under review.

A7. Dividend paid

There was no dividend paid during the current quarter under review.

A8. Segmental information

Segmental information is presented in respect of the Group’s business segments.

The Group comprises the following main business segments:

• Manufacturing & trading: Manufacturing of metallic silicon, aluminium access equipment, marketing and trading of other related products.
• Construction & fabrication: Contracting, designing and fabrication of aluminium curtain wall, cladding system and system formwork.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

A8. Segmental information (Cont'd)

	Manufacturing & trading RM'000	Construction & fabrication RM'000	Elimination RM'000	Total RM'000
3 months ended 31 March 2026
Total revenue	157,995	56,760	(1,502)	213,253
Inter-segment revenue	(1,502)	-	1,502	-
Revenue from external customers	156,493	56,760		213,253
Segment result	(21,302)	157		(21,145)
Finance cost				(3,241)
Tax expense				(256)
Loss for the period				(24,642)
Segment assets	3,327,271	218,427	(1,035,878)	2,509,820
Segment liabilities	1,148,574	114,143	(98,341)	1,164,376

A9. Valuation of property, plant and equipment

Property, plant and equipment of the Group were not revalued during the current quarter under review. All the property, plant and equipment were stated at costs less accumulated depreciation.

A10. Material events subsequent to the balance sheet date

There were no other material subsequent events since the end of the current quarter to the date of issue of this report that have not been reflected in the financial statements for the current financial year-to-date.

A11. Changes in the composition of the Group

There were no changes in the composition of the Group for the current quarter under review.

A12. Contingent liabilities

There were no material changes in contingent liability as at the date of this quarterly report.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

A13. Capital commitments

As at 31 March 2026, the Group has the following known capital commitments: RM'000

Authorised property, plant and equipment expenditure not provided for in the financial statements 3,879

A14. Related Party Transactions

The Group

With the affiliated companies - Press Metal Aluminium Holdings Berhad Group

Current year-to-date
RM'000

Purchase of aluminium products 11,852
Sale of metallic silicon and fabricated aluminium products 24,174

PART B: EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

B1. Operating Segments Review

	Year 2026	Year 2025
	Q1/26	Q1/25
	RM'000	RM'000
Revenue
Manufacturing & trading	156,493	115,034
Construction & fabrication	56,760	41,411
	213,253	156,445
Segment result
Manufacturing & trading	(21,302)	6,372
Construction & fabrication	157	1,098
	(21,145)	7,470
Profit/(Loss) before tax	(24,386)	3,979

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B1 Operating Segments Review (Cont'd)

(a) Q1/26 vs Q1/25

The Group registered revenue of RM213.3 million in the current quarter, representing a 36% increase from RM156.4 million recorded in the corresponding quarter of the preceding year.

Despite higher revenue achieved, the Group recorded a loss before tax ("LBT") of RM24.4 million in the current quarter under review as compared to a profit before tax ("PBT") of RM4.0 million in the corresponding quarter of the preceding year.

Manufacturing and Trading segment

Revenue from Manufacturing & Trading segment increased by 36% from RM115.0 million recorded in Q1/25 to RM156.5 million recorded in Q1/26, driven by higher sales volume of metallic silicon recorded in the current quarter under review.

Nevertheless, the segment recorded a loss of RM21.3 million in Q1/26 as compared to a segment profit of RM6.4 million in Q1/25, primarily attributable to lower selling prices of metallic silicon coupled with the weakening of the United States Dollar ("USD") exchange rate.

Construction and Fabrication segment

Construction & Fabrication segment's revenue increased by 37% from RM41.4 million to RM56.8 million mainly due to the accelerated progress of certain ongoing projects.

However, segment profit decreased by RM0.9 million mainly due to higher raw material cost which was not fully passed on to the customers during the current quarter under review.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B2. Material Change in Performance of Current Quarter compared with Preceding Quarter (Q1/26 vs Q4/25)

The Group recorded revenue of RM213.3 million for the current quarter, representing a decrease of 25% from RM283.1 million in the preceding quarter. The decline was mainly attributable to lower revenue contribution from both the Manufacturing & Trading and Construction & Fabrication segments.

In line with the lower revenue recorded, the Group’s profit before tax (“PBT”) decreased by RM9.2 million to a loss before tax (“LBT”) of RM24.4 million in the current quarter under review, primarily due to lower sales volume of metallic silicon coupled with the weaker United States Dollar (“USD”) exchange rate.

B3. Current year prospects

The outlook for the silicon metal industry in 2026 remains extremely challenging. The market entered the year on a softer footing, with silicon metal prices declining across key regions amid elevated inventory levels, persistent oversupply and subdued downstream demand, which continued to weigh on market pricing and industry margins.

In addition, the effective closure of the Strait of Hormuz since late February 2026 has led to higher freight costs and extended delivery lead times, further increasing operational cost pressures faced by the Group. The strengthening of the Malaysian Ringgit against the United States Dollar (“USD”) over the past twelve months has also resulted in an unfavourable impact on the Group’s export revenue translation.

Against this backdrop, the Group’s performance for the current quarter was affected by the challenging operating environment described above, coupled with Management’s strategic decision to accelerate inventory destocking efforts amid declining market prices. While this has impacted sales volume and margins in the short term, the Group believes such measures are necessary to enhance operational flexibility and improve inventory efficiency under prevailing market conditions.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B3. Current year prospects (Cont'd)

Due to prevailing geopolitical conditions and the challenging operating environment in the current period, the Group expects demand for the remaining financial year to be adversely affected.

In light of the softer market environment, the Group has undertaken a temporary production curtailment to facilitate planned maintenance works, strengthen operational reliability, optimize resource utilization and preserve cash flow.

Management will continue to focus on operational efficiency, stringent cost control and prudent capital management to mitigate external pressures. At the same time, the Group remains committed to advancing its diversification initiatives, leveraging its secured power resources to pursue opportunities in complementary and higher value-added products. These initiatives are expected to strengthen the Group's resilience, diversify its earnings base and support sustainable long-term growth.

B4. Profit forecast

Not applicable as no profit forecast was published.

B5. Taxation

	Quarter Ended 31/03/26	Current Year To-date
	RM'000	RM'000
Current taxation	51	51
Deferred tax	205	205
Total tax charge	256	256

The Group recognised a tax charge of RM0.3 million for the current financial year due to tax provisions arising from certain profit-making subsidiaries and deferred tax liabilities.

B6. Status of Corporate Proposals Announced

There were no other Corporate Proposals announced but pending completion during the financial quarter.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B7. Group borrowings and debt securities

	Secured (RM'000)	Unsecured (RM'000)	Total (RM'000)
As at 31 March 2026
(a) (i) Current
Overdraft	-	-	-
Revolving credit	110,000	33,136	143,136
Trade facilities	-	613,736	613,736
Term loan	61,654	-	61,654
	171,654	646,872	818,526
(ii) Non-current
Term loan	119,754	-	119,754
Total	291,408	646,872	938,280
	Secured (RM'000)	Unsecured (RM'000)	Total (RM'000)
As at 31 March 2025
(a) (i) Current
Overdraft	-	-	-
Revolving credit	30,000	25,488	55,488
Trade facilities	-	581,975	581,975
Term loan	82,137	-	82,137
	112,137	607,463	719,600
(ii) Non-current
Term loan	181,410	-	181,410
Total	293,547	607,463	901,010

(b) Foreign currency bank borrowings

Foreign currency bank borrowings that denominated in Hong Kong Dollar ("HKD") included in the above borrowings are as follows:

	As at 31/03/2026		As at 31/03/2025
	HK'000	RM'000 Equivalent	HK'000	RM'000 Equivalent
Overdraft	-	-	-	-
Revolving credit	62,401	32,136	42,961	24,488
Trade facilities	37,397	19,260	25,966	14,800
	99,798	51,396	68,927	39,288

The Group borrowings has increased by RM37.3 million from RM901.0 million to RM938.3 million mainly due to the drawdown of short-term loan for working capital of the metallic silicon plant.

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B8. Material Litigation

There was no material litigation against the Group as at the reporting date.

B9. Proposed Dividend

In light of the challenging operating environment faced by the Group, no dividend has been proposed for the current financial year-to-date.

B10. Basic and Diluted Earnings Per Share ("EPS")

	Quarter		Year-to-date
	31/03/26	31/03/25	31/03/26	31/03/25
Profit/(Loss) attributable to Shareholders (RM'000)	(24,642)	2,626	(24,642)	2,626
Weighted average number of ordinary shares ('000)	1,868,404	1,868,404	1,868,404	1,868,404
Basic and diluted EPS (sen)	(1.32)	0.14	(1.32)	0.14

B11. Auditors' report

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

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B12. Notes to the Condensed Consolidated Income Statement

PBT and other comprehensive income are arrived at after charging and (crediting) the following items:

		Current Quarter RM'000	Current Financial To-date RM'000
a)	Interest income	(311)	(311)
b)	Other income including investment income	(73)	(73)
c)	Interest expense	3,241	3,241
d)	Depreciation and amortization	11,536	11,536
e)	(Reversal)/Provision for and write off of receivables	-	-
f)	(Reversal)/Provision for and write off of inventories	-	-
g)	(Gain) and loss on disposal of quoted or unquoted Investments or properties	-	-
h)	Impairment of assets	-	-
i)	Foreign exchange (gain) or loss	(1,249)	(1,249)
j)	(Gain) or loss on derivatives	959	959
k)	Exceptional items	-	-

B13. Derivative Financial Instruments

As at 31 March 2026, the Group has the following outstanding derivative financial instrument:

Type of Derivative	Contract/Notional value RM'000	Fair value assets/(liabilities) RM'000
Foreign Exchange Forward Contract
- Less than 1 year	32,518	2,458
- 1 year to 3 years	2,701	250
- More than 3 years	-	-

Lot 1797, Jalan KPB 1, Bukit Belimbing, 43300 Seri Kembangan, Selangor Darul Ehsan

T: 603-8961 8355 F: 603-8961 1904

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pmb Technology Berhad

EXPLANATORY NOTES TO THE QUARTERLY REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2026

B13. Derivative Financial Instruments (Cont'd)

The Group entered into the forward exchange contracts to hedge its highly probable forecast transactions denominated in foreign currency expected to occur in the future. Such contracts have maturity dates that match the expected occurrence of these transactions. These financial instruments are stated at fair value based on the financial institution's quote.

All the derivatives were contracted with creditworthy financial institutions to mitigate the credit risk, market risk and liquidity risk associated with the derivatives.

There is no cash requirement for these derivatives other than the repayment obligation for the bank borrowings.

There have been no changes made to the accounting policies associated with those derivatives since the end of the previous financial year ended 31 December 2025.

B14. Fair Value Changes of Financial Liabilities

There were no fair value changes of financial liabilities during the current quarter ended 31 March 2026.

On behalf of the Board

Datuk Koon Poh Ming
Chief Executive Officer
28 May 2026

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