PGIL : STEP-DOWN SUBSIDIARY INCORPORATES GREAT PEARL VIETNAM FOR USD 1.2 MN

• Vin Pearl Global Vietnam Limited, a step-down subsidiary of PGIL, incorporated Great Pearl Vietnam Global Limited in Vietnam • New subsidiary incorporated on October 20, 2026; 100% of paid-up share capital held by Vin Pearl Global Vietnam Limited • Initial investment is USD 1.2 million on cash consideration basis • Business covers manufacturing garments and providing garment processing services and other products including embroidery to domestic and international customers • Incorporation approved by Department of Finance Bac Ninh City - Business Registration and Enterprise Management Office

Pearl Global Industries Ltd

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