MGN SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Megan Holdings Limited Investors of Securities Class Action Lawsuit Deadline on September 8, 2026

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Megan To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Megan between September 26, 2025 and March 25, 2026, or acquired shares in connection with its initial public offering ("IPO") on September 26, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .

New York, New York--(Newsfile Corp. - August 24, 2026) - Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Megan Holdings Limited ("Megan" or the "Company") (NASDAQ: MGN) and reminds investors of the September 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Megan was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) Megan's public statements and risk disclosures omitted any mention of the realized risk of fraudulent trading or market manipulation used to drive the Company's stock price; (3) as a result, Megan securities were at unique risk of a sustained suspension in trading by NASDAQ and severe volatility-induced decline; (4) the sole underwriter on the IPO, DBC (defined below), had conducted numerous microcap IPOs that suffered volatility-induced declines resulting from market manipulation schemes; (5) the Company suffered from material weaknesses in its internal accounting and financial reporting controls; and (6) as a result of the foregoing, Defendants' positive statements about the Company's business, operations and prospects were materially misleading and/or lacked a reasonable basis.

On March 26, 2026, a coordinated "dump" of Megan shares occurred afterhours, which led to the stock opening at just $0.423 per share on volume of approximately 6.8 million shares, a decline of 90% from the prior day's closing price, with NASDAQ halting trading multiple times throughout the day.

On this news, Megan Holdings Limited's stock price fell $3.96, or 93.4%, to close at $0.28 per share on March 26, 2026, on trading volume of 39,239,600.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class.

Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Megan's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Megan Holdings Limited class action, go to www.faruqilaw.com/MGN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .