SC ESTATE BUILDER BERHAD — Proxy Solicitation & Information Statement 2026

May 27, 2026

SE C ESTATE
Builder: Barriad

SE ESTATE BUILDER BERHAD

[Registration No. 2017/1162 (000605-T)]

NOTICE OF TWENTIETH (20TH) ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the Twentieth Annual General Meeting ("20TH AGM") of the Company will be held at Bathroom V, Main Wing, Tropicana Golf & Country Resort, Jalan Kedah Tropicana, 47410 Petaling Jaya, Selangor Darul Road Malaysian 43 Thursday, 30 July 2026 at 11:00 a.m. or at any adjournment thereof for the transaction of the following businesses:

AGENDA

1. To receive the Audited Financial Statements of the Company for the financial year ended 31 January 2026 together with the Reports of the Directors and Auditors thereon.

(Please refer to External Affairs Note 1)

1. To approve the payment of Directors' Fees payable to the Non-Executive Directors and other benefits payable to the Directors of the Company up to RM200,000/- for the period commencing from the conclusion of the 20TH AGM of the Company until the conclusion of the next AGM of the Company.

(Ordinary Resolution 1)

1. To re-elect Ms. Joepema Binti Pudun, the Director who retires in accordance with Clause 123 of the Company's Constitution and being eligible, has offered herself for re-election.

(Ordinary Resolution 2)

1. To re-elect Mr. Loo Tza Nling, the Director who retires in accordance with Clause 123 of the Company's Constitution and being eligible, has offered herself for re-election.

Special Business:

To consider and, if thought fit, with or without modification, to pass the following resolutions:

1. Authority to Aibel Shares Pursuant to Sections 75 and 76 of the Companies Act 2019

"THAT pursuant to Sections 75 and 76 of the Companies Act 2019 ("the Act") and subject to the approvals of the relevant governmental/regulatory authorities, the Directors be and are hereby empowered to issue shares in the capital of the Company from time to time to pay them for their own conditions and the rights of the Directors, may in their absolute discretion deem fit, provided that the aggregate number of shares issued pursuant to this resolution does not exceed 10% of the total number of issued shares of the Company or such higher percentage as Bursa Malaysia Securities Berhad ("Bursa Securities") allowed for the time being and that the Directors be and are hereby authorized to pay the total amount of the assets of the Company to the total amount of the liquidity of the liquidation of the additional shares so issued and that such authority shall continue to be in force until the conclusion of the next AGM of the Company, unless revoked or varied by ordinary resolution of the Company at a general meeting.

AND THAT the new shares to be issued shall, upon allotment and issuance, rank equally in all respects with the existing shares of the Company, save and except that they shall not be entitled to any dividends, rights, allotments and/or any other forms of distribution that which may be declared, made or paid before the date of allotment of such new shares."

1. Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Return ("Proposed New Shareholders' Mandate")

"THAT pursuant to Rule 10.09 of the ACE Market Listing Requirements ("AMLR") of Bursa Securities, approval be and is hereby given to the Company and/or its subsidiaries ("SCBULS/01/09 Group") to enter into recurrent related party transactions of a revenue or trading nature with the related parties as specified in Sections 5 of the Circular to Shareholders of the 20 May 2026, which are necessary for the day-to-day operations of the SCBULS/01/09 Group provided that such transactions are in the ordinary and the full business capital of the revenue of the Company, the same as the other three generally available to the public and are not detrimental to the minority shareholders of the Company ("Proposed New Shareholders' Mandate").

THAT the Proposed Shareholders' Mandate is subject to annual review and any authority conferred by the Proposed Shareholders' Mandate, shall only continue to be in force until:

(i) the conclusion of the next Annual General Meeting ("AMM") of the Company; at which time it will lapse, unless by a resolution passed at the next AGM, the authority is renewed; or

(ii) the final annual general action which the next AGM of the Company is required to be held pursuant to Section 340(2) of the Act but shall not extend to such extension as may be allowed pursuant to Section 340(3) of the Act; or

(iii) revoked or varied by resolution passed by the shareholders of the Company in a general meeting, whichever is the earlier;

AND FURTHER THAT the Directors of the Company be and are hereby authorized to complete and do all such acts and things (including executing such documents as may be required) to give effect to the Proposed Shareholders' Mandate in the best interest of the Company."

1. To transact any other business of the Company for which due notice shall have been given.

BY ORDER OF THE BOARD.

TAN TONG LANG MANCSA TWAKEI SBM PC No. 202208000200
NURLIL SHAHDAH BINTI MAT TANG, 0230010742/ SBM PC No. 202308000535
Company Secretaries

Date: 29 May 2026

Notes:

1. In respect of deposited securities, only members whose names appear in the Record of Depositors on the 20TH AGM and the Company's Constitution and being eligible for a vote of the AGM.

2. A member shall not be entitled to appoint more than one (1) general to attend an vote at the same general meeting. Where a member appoints two (2) general, the appointments shall be invalid unless he specifies the disposition of the exchange or be represented by each group.

3. A other than but need not be a member of the Group shall not be appointed as a member of the Group. There shall be no restriction as to the qualification of the group and a proxy appointed to attend. Where a member meeting shall have been given rights as the member to speak at the meeting.

4. This instrument appointing a proxy shall be in writing under the terms of the "Application of the Proposed Sub-authorised in writing or, if such apportion is a contended, under its common seal or order the hand writing of the Proposed Sub-authorised in writing." The Directors may but shall not be bound to require evidence of the authority to buy such attorneys as: (i) the person who may be required to make any statement in writing, and (ii) the person who may be required to make any statement in writing.

5. This instrument appointing a proxy shall be in writing under the terms of the "Application of the Proposed Sub-authorised in writing." The Proposed Sub-authorised in writing shall be in writing under the terms of the "Application of the Proposed Sub-authorised in writing." The Proposed Sub-authorised in writing shall be in writing under the "Proposed of the Proposed Sub-authorised in writing." The Proposed Proposed Sub-authorised in writing shall be in writing under the "Proposed of the Proposed Proposed"