5439322026-10-235439322026-10-23in-capmkt:TerminationOfAgreementMemberIDEAFORGEIdeaforge Technology Limited543932NOTLISTEDINE349Y01013Agreements (Sub-para 5-Para B)Termination of agreementNewfalse2026-10-2322:25:002026-10-23OthersJoint Venture Termination Agreement2025-09-24To terminate the JV Agreement executed between the JV Parties, which was executed to jointly undertake the business of licensing, sourcing, designing, engineering, manufacture and distribution of UAVs in the USA.ideaForge Technology Inc., (“IF”) a wholly owned subsidiary of the Company; and First Breach Inc. (“FB”)Joint Venture Termination Agreement2026-10-23The JV Agreement has been terminated in accordance with (a) Clause 15.2.1 of the JV Agreement since the closing of the deal contemplated under the JV Agreement did not happen prior to the Long Stop Date (as set out in the JV Agreement), and (b) Clause 15.2.2 of the JV Agreement, based on mutual discussions between the JV Parties.There is no impact on the management or control of the Listed entity.