Notice of Order for Construction of Integrated Fleet Management Platform in Malaysia

Overview of the Project and Strategic Positioning

Our consolidated subsidiary SMARTDRIVE SDN. BHD. has received an order to build an integrated fleet management platform for the mobility sector in Malaysia. The plan includes Phase 1 development and Phase 2 integration with existing systems, aiming to build a cross-data integrated platform to improve operational efficiency and enable real-time visualization. This project is positioned as a concrete realization of the platform concept centered on the "AI Mobility OS," with future aims to expand deployment to mobility companies domestically and internationally. The timing and method of revenue recognition are not yet finalized and will be incorporated into the forecast for the fiscal year ending September 2027 where applicable; at present, it does not affect the financial statements.

Outlook and Financial Impact

This project will have no impact on consolidated results for the fiscal year ending September 2026 and is planned to be reflected in the consolidated earnings forecast for the fiscal year ending September 2027. However, portions for which the timing and method of revenue recognition are not yet determined are expected to be excluded. As a new contract aligned with our business strategy, we aim to accumulate knowledge and track record that will support expansion into SaaS offerings and platform-type business models, thereby extending the foundation that supports our overall mobility business.