Megan Holdings Confirms Its Directors, Executives, Stockholders Owning 5% Or More Of Its Outstanding Class Ordinary Shares Or Class B Ordinary Shares Remain Subject To Lock-Up Agreements

Megan Holdings Limited (NASDAQ:MGN) (the "Company") today issued the following statement regarding recent volatility in its share price.

The Company confirms that its directors, executive officers, shareholders holding 5% or more of its outstanding Class A Ordinary Shares or Class B Ordinary Shares, and certain other shareholders remain subject to lock-up agreements. These agreements restrict the sale of their shares for a period of 180 days following the closing of the Company's recent follow-on offering, which occurred on February 27, 2026. Accordingly, these parties are not permitted to sell their shares until the expiration of the applicable lock-up period.