Pursuant to Paragraph 9.19(15) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors ("Board") of Industronics Berhad ("ITRONIC" or "the Company") wishes to announce that the Company had received a notice in writing dated 25 April 2024 from Messrs. Kreston John & Gan (“Messrs. Kreston”) of their resignation as the Auditors of the Company pursuant to Section 281 of the Companies Act, 2016.

Messrs. Kreston was re-appointed as the Auditors of the Company at the 48th Annual General Meeting ("AGM") of the Company held on 22 December 2023 to hold office until the conclusion of the next AGM of the Company. The resignation of Messrs. Kreston is on a voluntary basis. The Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

The Company is in the midst of identifying the new auditors to be appointed pursuant to Section 271(2)(b) of the Companies Act 2016.

This announcement is dated 26 April 2024.