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

Virya Resources has entered into a Management and Strategic Partnership Agreement with Magma Capital Resources Pte Ltd., Singapore (MCR), its ultimate holding company. This grants Virya management and operational rights over specific MCR Group businesses for three years, extendable. Virya will be the Lead Manager and receive 51% of the Net Operating Margin from these managed businesses. This transaction, involving a related party, has received necessary approvals. It aims to bolster Virya's strategic expansion and operational presence in international markets, without transferring shareholding or ownership.