Details of the Decision:

To suspend the payment of remuneration due to Board and Committee members for the financial years 2025 and 2026 until the Company’s financial position improves and adequate cash liquidity becomes available.

To temporarily suspend the payment of the Managing Director’s salary until the Company’s financial position improves and sufficient cash liquidity is available to allow payments to resume, as determined by the Board of Directors. The salary has effectively been suspended since October 2025.

Reasons for the Decision:

This decision is made in light of the Company’s current financial circumstances and the cash flow challenges it faces due to delays in collecting outstanding receivables from a number of its customers, amid a slowdown in projects and related spending. These factors have placed pressure on the Company’s cash liquidity and its ability to meet its financial obligations as they fall due.

Expected Financial and Operational Impact:

The decision aims to preserve available cash liquidity and ease pressure on cash flows, thereby supporting the stability of the Company’s financial position and helping direct cash resources towards meeting priority operational and financial obligations. The quantitative financial impact of the decision cannot currently be determined.

Duration of the Decision and Review Mechanism:

The decision is temporary and will be reviewed periodically in light of developments in the Company’s financial position, cash flows and receivables collection rates. Any measures regarding the resumption of payments will be taken in accordance with the Board of Directors’ resolutions and the applicable laws and regulations.

The Company reaffirms its commitment to taking appropriate measures to preserve cash liquidity and strengthen its ability to meet its financial and operational obligations.