Panorama Studios International Ltd — Important, 02-04-2026: Company Update

Panorama Studios has issued a routine compliance report for the quarter ended March concerning share dematerialisation. The company's Registrar and Share Transfer Agent confirmed that all necessary procedures for converting physical shares to demat form are correctly handled and listed. Crucially, the report indicates there were **no** physical shares actually dematerialised during this entire quarter. This operational update assures investors of transparent record-keeping and confirms a period without activity in physical-to-demat conversions.