Virya Resources Ltd — Important, 27-02-2026: Company Update

Virya Resources Limited has entered into a Management and Strategic Partnership Agreement with its holding company, Magma Capital Resources Pte. Ltd. (MCR) of Singapore. This agreement grants Virya Resources management and operational rights over specified MCR Group businesses for a three-year term, with potential for extension. As Lead Manager, Virya Resources will receive 51% of the Net Operating Margin from these managed businesses. This move is anticipated to significantly support the company's strategic expansion and business development initiatives, offering a clear growth path. This related party transaction was approved by the Audit Committee and Board.