PUC BERHAD — Proxy Solicitation & Information Statement 2026

Jun 9, 2026

PUC

PUC BERHAD

(Registration No. 199701036234 (451734-A))

(Incorporated in Malaysia)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of PUC Berhad ("PUC" or the "Company") will be held at Dewan Presiden, Kelab Golf Negara Subang, Jalan SS7/2, 47301 Petaling Jaya, Selangor on Tuesday, 14 July 2026 at 2.00 p.m. for the purpose of considering and, if thought fit, passing, with or without modifications, the following resolution:-

SPECIAL RESOLUTION

PROPOSED REDUCTION OF RM350,000,000 OF THE ISSUED SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 117 OF THE COMPANIES ACT, 2016 ("ACT") ("PROPOSED SHARE CAPITAL REDUCTION")

"THAT subject to the approvals, waivers and/or consents of all relevant authorities and/or parties being obtained (if required), approval be and is hereby given to the Company to reduce the issued share capital of the Company by way of cancellation of the issued share capital of the Company which is substantially unrepresented by available assets of RM350,000,000 pursuant to Section 117 of the Act. The corresponding credit of RM350,000,000 arising from such cancellation will be utilised towards offsetting the accumulated losses of the Company. Any balance credit after elimination of the Company's accumulated losses will be credited to the retained earnings of the Company which shall be used in a manner to be determined by the Board at a later date, as the Board deems fit and in the best interest of the Company, as permitted by the relevant and applicable laws;

AND THAT the Board be and is hereby authorised and empowered to do or procure to be done 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 arrangement as may be necessary, to give full effect and to complete the Proposed Share Capital Reduction, with full powers to assent to any conditions or make any modifications, variations and/or amendments as may be required, or imposed by the relevant authorities and as the Board may deem necessary and expedient to finalise, implement and give full effect to complete the Proposed Share Capital Reduction."

By Order of the Board

PUC BERHAD

LIM SECK WAH (MAICSA 0799845) (SSM PC No. 202008000054)

TANG CHI HOE (KEVIN) (MAICSA 7045754) (SSM PC No.: 202008002054)

Company Secretaries

Kuala Lumpur

11 June 2026

Notes:-

General Meeting Record of Depositors

For the purpose of determining a member who shall be entitled to attend, speak and vote at the EGM, the Company shall be requesting the Record of Depositors as at 7 July 2026. Only a depositor whose name appears on the Record of Depositors as at 7 July 2026 shall be entitled to attend the said meeting or appoint proxies to attend, speak and vote at the EGM or appoint proxy(ies) to attend, speak and vote on his/her stead.

Appointment of Proxy(ies)

1. A member of the Company may appoint up to two (2) proxies who need not be a member of the Company to participate and vote at the same Meeting. Where the member of the Company appoints two (2) proxies, the appointment shall be invalid unless the member specifies the proportions of his/her shareholdings to be represented by each proxy.

2. Where a member is an authorised nominee, as defined under the Securities Industry (Central Depositories) Act 1991, it may appoint at least one (1) proxy but not more than two (2) proxies in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the said Securities Account which is credit with ordinary shares of the Company.

3. 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 is no limit to the number of proxies which the exempt authorised nominee may appoint in respect of each omnibus account it holds.

4. The completed Form of Proxy shall be in writing under the hand of the appointer or of his/her attorney duly authorised in writing or if the appointer is a corporation, either under the corporation's seal or under the hand of an officer or attorney duly authorised.

5. The appointment of proxy(ies) may be made in hard copy form or by electronic form in the following manner and must be received by the Company not less than forty-eight (48) hours before the time appointed for holding the meeting or any adjournment thereof at which the person named in the appointment proposes to vote, otherwise the Form of Proxy shall not be treated as valid:

(a) In hard copy form

In case of an appointment made in hard copy form, the Form of Proxy must be deposited at the office of the Share Registrar of the Company, Mega Corporate Services Sdn Bhd at Level 15-2, Bangunan Faber Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur or alternatively, to email Share Registrar of the Company at mega-sharereg@megacorp.com.my

(b) By electronic form

The Form of Proxy can be electronically lodged at https://www.equiti.my

1. By submitting the duly executed Form of Proxy, a member and his/her proxy consent to the Company (and/or its agents/service providers) collecting, using and disclosing the personal data therein in accordance with the Personal Data Protection Act 2010 for this Meeting and any adjournment thereof.