1. INTRODUCTION

Aemulus Holdings Berhad (“AHB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Suzhou Tangming Shengshi Semiconductor Co., Ltd. (“Suzhou TMSS”) has on 26 February 2025 entered into a Letter of Intent on In-depth Cooperation (“Letter of Intent”) with Shanghai Unique Test Technology Co., Ltd. (“Shanghai UTT”).

Suzhou TMSS and Shanghai UTT (collectively referred to as the “Parties”) will leverage their technical expertise and market resources in the automotive CIS (CMOS Image Sensor) automated test equipment to collaborate in key areas, including assembly, R&D, production support, and business development, to drive global expansion.

In terms of assembly, Suzhou TMSS will provide technical support and local production solutions, while Shanghai UTT will provide technical support to Suzhou TMSS in the assembly of the automated test equipment and liaising with customers.

For the R&D and production collaboration, Suzhou TMSS will provide Malaysia market insight for product design optimisation purpose. Meanwhile, Shanghai UTT will focus on core technology and production support to ensure high-quality equipment and timely delivery.

In business development, Suzhou TMSS will leverage its market resources and international connections to promote sales in Southeast Asia, while Shanghai UTT will utilize its domestic network to drive sales in China.

2. FINANCIAL EFFECTS

The Letter of Intent is not expected to have material effects on the earnings, net assets and gearing of the Company for the financial year ending 30 September 2025.

3. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors, major shareholders and/or persons connected with them has any direct or indirect interest in the Letter of Intent.

4. DIRECTORS’ STATEMENT

The Board of Directors of AHB, having considered all aspect of the Letter of Intent, is of the opinion that the Letter of Intent is in the best interest of the Company.

This announcement is dated 26 February 2025.