The Board of Directors of M N C Wireless Berhad ("MNC" or "the Company") is pleased to announce that the resolutions as prescribed in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 5December 2024 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company.

The result of the poll was validated by SharePolls Sdn. Bhd., the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 27 December 2024.

Proposed renounceable rights issue of up to 998,490,198 new ordinary shares in MNC ("MNC Shares" or "Shares") ("Rights Shares") together with up to 332,830,066 free detachable warrants in MNC ("Warrants D") on the basis of 3 Rights Shares together with 1 free Warrant D for every 1 existing Share held by the entitled shareholders of MNC on an entitlement date to be determined ("Proposed Rights Issue with Warrants")

Proposed variation of the utilisation of proceeds previously raised from a private placement exercise undertaken by the Company ("Proposed Variation")