Records rm192.40 million pre-tax profit for q1 2026

MEDIA RELEASE FOR IMMEDIATE RELEASE

The revenue growth was underpinned by stronger contributions from the Mobility, Banking and Postal segments. Key drivers included higher sales volumes at PROTON, the consolidation of CTRM AeroSystems Sdn. Bhd. (formerly known as Spirit AeroSystems Malaysia Sdn. Bhd.) following its recent acquisition, increased financing income at Bank Muamalat and improved aviation, courier and logistics activities within Pos Malaysia group.

The Group's profit before tax ("PBT") more than doubled to RM192.40 million, compared with RM92.62 million in Q1 2025. The improvement was mainly attributable to stronger profitability from PROTON and Bank Muamalat, as well as a narrower loss at Pos Malaysia group, reflecting stronger sales, improved cost efficiency and continued cost discipline. This was partially offset by lower contributions from the Services and Properties segments.

The Group also recorded net profit attributable to owners of the Company of RM45.00 million for Q1 2026, compared with RM17.72 million in Q1 2025, in line with the stronger pre-tax performance during the quarter.

For Q1 2026, revenue performance across the Group's business segments was as follows:

• Mobility: Revenue increased by 19.6% to RM3.62 billion (Q1 2025: RM3.03 billion), primarily driven by higher PROTON sales volumes and stronger contributions from the aerospace business following the acquisition of CTRM AeroSystems Sdn. Bhd. in December 2025. This was partially offset by lower revenue from the manufacturing and engineering, and automotive distribution businesses.
• Banking: Revenue rose by 9.4% to RM583.36 million (Q1 2025: RM533.09 million), mainly driven by higher financing income, supported by financing volume growth and an expanding customer base.
• Postal: Revenue improved by 7.9% to RM493.25 million (Q1 2025: RM457.07 million), supported by higher courier volumes, stronger logistics contributions, and increased aviation activities, including in-flight catering and ground handling.
• Services: Revenue stood at RM50.73 million, reflecting lower inspection volumes in the vehicle inspection business following the festive public holidays during the quarter.
• Properties: Revenue stood at RM13.89 million, reflecting lower contributions from property development and construction projects.

According to Bank Negara Malaysia, Malaysia's economic growth is expected to remain resilient in 2026, underpinned by sustained domestic demand. Nevertheless, the global outlook may be weighed down by ongoing geopolitical tensions in the Middle East.

PROTON demonstrated strong momentum in Q1 2026, recording an exceptional first-quarter performance with 49,140 units sold, representing a 40.1% year-on-year increase. It remains well-positioned to sustain its growth trajectory, supported by its expanding electric vehicle ("EV") presence. Its electrification strategy continues to gain traction, with the e.MAS 5 emerging as Malaysia's best-selling EV, achieving sales of 6,701 units year-to-date in 2026. The higher adoption of new energy vehicles is further supported by rising fuel costs and subsidy rationalisation, which are shaping consumer preferences towards more efficient mobility solutions.

In the Banking segment, the Group continues to strengthen its position in Islamic finance and advance

its digital expansion through Bank Muamalat's launch of ATLAS, a Syariah-compliant digital banking

platform. Meanwhile, in the Aerospace subsegment, the Group is expanding its composites manufacturing and aerostructures assembly capabilities following the recent acquisition of CTRM AeroSystems Sdn. Bhd., further broadening the Group's presence across the aerospace value chain.

In the Postal segment, Pos Malaysia remains focused on reducing losses through its transformation plan, supported by network rationalisation, digital channel expansion and prudent management of its cost base and revenue mix. Concurrently, the Group continues to progress its digitalisation agenda across its businesses, leveraging technology to enhance operational efficiency and overall performance.

The Group anticipates a moderate outlook for the financial year ending 31 December 2026.

https://www.drb-hicom.com

DRB-HICOM Berhad ("DRB-HICOM") is one of Malaysia's leading group of companies with core businesses in the Mobility, Banking, Postal, Services, and Properties segments. With 93 active companies in its stable and more than 42,000 employees group-wide, DRB-HICOM's aim is to continue adding value and propelling the nation's development. The Mobility segment encompases DRB-HICOM's automotive businesses, spanning manufacturing, assembly and distribution of passenger and commercial vehicles, including the national motorcycle, as well as the Group's aerospace and defence businesses. The Group is represented by Pos Malaysia in the postal business while its subsidiaries handle a range businesses including aviation, logistics and digital solutions. The Group's presence in banking is through Bank Muamalat while in the Services segment, DRB-HICOM is involved in the education, vehicle inspection and security businesses. In Properties, DRB-HICOM is involved in the development of both residential and industrial properties as well as in the concession business.

STATEMENT ON FORWARD - LOOKING DISCLOSURES

A number of significant factors could therefore cause actual results to differ from those contained in any forward-looking statement. Significant risk factors include:

• Feasibility of each target and initiative as laid out in this news release;

• Fluctuations in interest rates, exchange rates and oil prices;

• Changes in laws, regulations and government policies; and

• Regional and/or global socioeconomic changes.

Potential risks and uncertainties are not limited to the above and DRB-HICOM are not under any obligation to update the information in this news release to reflect any developments or events in the future.

If you are interested in investing in DRB-HICOM, your investment decision is at your own risk, taking the foregoing into consideration. Please note that neither DRB-HICOM nor any third-party providing information shall be responsible for any loss or damage that may result from your investment in DRB-HICOM based on the information presented in this news release.

All statements herein, other than historical facts, contain forward-looking statements and are based on DRB-HICOM's current forecasts, expectations, targets, plans, and evaluations. Any forecasted value is calculated or obtained based on certain assumptions. Forward-looking statements involve inherent risks and uncertainties.

Leong Shen-li (Mr)

Head, Communications and Media Relations Group Strategic Communications Division DRB-HICOM Berhad

Tel: +603 2052 8066

leong.shenli@drb-hicom.com