The Board of Directors of Radium (“Board”) wishes to announce that Radium, had on 29 May 2023, entered into a Memorandum of Understanding (“MOU”) with MyCharge EV Sdn Bhd (“MyCharge EV”) for the purpose of collaborating with each other in an effort to explore the possibility of venturing/developing renewable energy collaboration that complement each other which at the same time align with Radium’s vision to promote environmental and business sustainability.

Please refer to the attachment for further details.

This announcement is dated 29 May 2023.