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SERIAL SYSTEM LTD Share Issue/Capital Change 2026

May 26, 2026

74261_rns_2026-05-26_5c2741e8-018b-4922-adb5-c0d44939aa2e.pdf

Share Issue/Capital Change

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Serial 新曝 Achieva 启华

(Company Registration No.: LL12218)

(Incorporated in Labuan, Malaysia)

UPDATE TO SUBSCRIPTION OF NEW SHARES BY UFCT TECHNOLOGY CO., LIMITED

The Board of Directors (the "Board" or the "Directors") of Serial Achieva Limited (the "Company") refers to the announcement dated 11 March 2026 in relation to the subscription agreement entered into with UFCT Technology Co., Limited (the "Subscriber") for the issuance of 21,004,873 new ordinary shares (the "Proposed Subscription") and the announcement dated 17 April 2026 in relation to the extension of long stop date to 30 May 2026 (the "Previous Announcements").

Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings ascribed to them in the Previous Announcements.

The Board would like to update that the Company and the Subscriber have agreed to further extend the long-stop date to fulfil the Conditions Precedent from 30 May 2026 to 30 June 2026.

Shareholders and potential investors are advised to exercise caution when dealing or trading in the Shares as there is no certainty or assurance that the Proposed Subscription will be completed or that no changes will be made to the terms thereof. Shareholders and potential investors are also advised to read this announcement and any further announcements by the Company carefully, and where in doubt as to the action that they should take, they should consult their stockbrokers, bank managers, solicitors, accountants, tax advisers or other professional advisers immediately.

The Company will make the necessary announcements as and when required and/or there are material updates in relation to the Proposed Subscription.

BY ORDER OF THE BOARD

Victoria Goh Si Hui

Executive Director and Chief Executive Officer

26 May 2026

This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the sponsor is Mr. Khong Choun Mun at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: [email protected].