The Board of Directors of VSHB wishes to announce that the Company had on 1 September 2026 received a notice in writing dated 1 September 2026 pursuant to Section 281(1) of the Companies Act 2016 ("CA 2016") from TGS TW PLT ("TGS TW") on their resignation as Auditors of the Company. Pursuant to Section 281(2) of the CA 2016, TGS TW's term of office will end after twenty-one (21) days from 1 September 2026.

TGS TW was re-appointed as the Auditors of the Company for the financial year ending 30 June 2026 at the First Annual General Meeting ("AGM") of the Company held on 9 September 2025, to hold office until the conclusion of the next AGM of the Company. TGS TW has voluntarily resigned as Auditors of the Company following its internal review of its portfolio and resource management considerations.

Save for the above, the Board is not aware of any other matters that need to be brought to the attention of the shareholders of the Company.

An announcement on the appointment of new Auditors will be made by the Company in due course.

This announcement is dated 2 September 2026.