Sea TV Network Ltd — Important, 03-09-2026: Company Update

Sea TV Network's board has decided to close its cable business operations and surrender its Digital Addressable System (DAS) license. This move is due to commercial non-viability and increasing operational challenges, as the cable segment contributed negligible revenue and was an insignificant part of overall operations. The company clarifies this closure will not have a material adverse effect, aligning with its strategic focus on core business areas. The process is expected to be completed by December 31, 2026.