An anonymous director reports

MAK ACQUISITION DELIVERS NOTICE OF BREACH TO UNIUNI

MAK Acquisition Corp. has delivered a notice of breach to Uni Express Inc. (UniUni) pursuant to the purchase agreement among MAK and UniUni governing the proposed reverse takeover by MAK of UniUni. Pursuant to the terms of the purchase agreement, UniUni agreed to operate its business within certain specified limits during the interim period, including a defined maximum cumulative pretax loss. Since the announcement of the proposed transaction, UniUni's business and financial performance has deteriorated. MAK believes this constitutes a material breach of the purchase agreement.

The delivery of the notice of breach triggers a 15-business-day cure period during which UniUni may cure the breach. If UniUni is unable to cure the breach within such period, MAK intends to exercise its rights to terminate the purchase agreement.

About MAK Acquisition Corp.

MAK is a special-purpose acquisition corporation focused on niche market businesses providing critical solutions, with strong revenue retention and diversified customer bases. MAK is an exempted company formed under the laws of the Cayman Islands. MAK completed its initial public offering in October, 2025, and its securities are listed on the Toronto Stock Exchange under the symbols MAK.U and MAK.WT.

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