Dear Consultants and Agency Leaders,

Reference is made to the recent cease and desist directive issued by the Securities Commission Malaysia in its letter dated 21 March 2024 to Quantum Metal Exchange Inc. and Quantum Metal Sdn Bhd (Ref No. SC/ED/EPMD/FF03-2024) (“Directive”).

We, the Management of Quantum Metal Sdn Bhd hereby formally REQUESTS all Consultants and Agency Leaders to IMMEDIATELY cease all activities related to making available or offering Quantum Metal Exchange Inc’s shares in Malaysia. This includes any content and actions conducted through websites, platforms, agents, and/or social media channels (“Activities”).

Please NOTE that this Notice is issued in strict compliance with the Directive, and failure to adhere to the instruction in this Notice constitutes an OFFENCE under Section 212(9) of the Capital Markets and Services Act 2007 and may result in legal consequences for both individuals and entities including Quantum Metal Exchange Inc. and Quantum Metal Sdn Bhd.

Quantum Metal Sdn Bhd shall not hesitate to and will IMMEDIATELY take any legal action against the Consultants and Agency Leaders who continue to perform the Activities and violated the instruction in this Notice.

We appreciate your immediate attention and cooperation in this matter. Further updates will be communicated as and when necessary.

Thank you for your understanding and cooperation.