Cogia AG: Cogia partners with TGL and VCI to launch secure Cogia Messenger for ZCITY's 3 million users

Cogia AG (ISIN: DE000A3H2226) (‘Cogia’), a leading Frankfurt-based technology company providing innovative tools for secure communications, AI-based products and solutions in the areas of customer experience, web and social media monitoring, market research and open source intelligence, is pleased to announce its collaboration with Treasure Global Inc (NASDAQ: TGL) and VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T; WKN: A3D9YP; ISIN: VGG982181031) (‘VCI Global’, ‘VCIG’ or the ‘Company’) to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY app designed to enhance communications and financial services for ZCITY's 3 million users.

The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrency wallet. This initiative initially targets Treasure Global's 3 million ZCITY users and aims to quickly reach 1 million active users. It effectively addresses the needs of unbanked populations by providing both secure communication and financial services while providing a robust alternative to existing messaging platforms that significantly enhance user privacy and financial functionality.

‘Our ZCITY Super App aims to be a unique digital ecosystem that revolutionises and simplifies the consumer ePayment experience through advanced AI-powered features. We are excited to offer this innovative secure messaging and payment solution to our ZCITY users. This fits perfectly with our mission to enhance our users‘ digital lives and provide them with valuable, forward-thinking services,’ said Carlson Thow, CEO of Treasure Global Inc.

The integrated cryptocurrency wallet enables ZCITY users to efficiently send, receive and store digital assets, including cryptocurrency rewards, promote secure communication within the ZCITY community and enhance privacy, making it a comprehensive solution for secure communication and seamless financial transactions.

Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global, said: ’This rollout marks a significant milestone in our partnership with Cogia AG and Treasure

Global Inc. By combining secure messaging with integrated cryptocurrency functionality, we are providing a comprehensive solution that addresses both communication privacy and financial inclusion.’

This strategic initiative leverages VCI Global's expertise and Cogia AG's advanced secure messaging technology to drive adoption and growth in the Southeast Asian market. The intended design to unveil a ZCITY Super App is to revolutionise secure communications and financial transactions for millions of users, with a particular focus on the needs of unbanked populations.

Pascal Lauria, Chief Executive Officer of Cogia AG, said: ‘Our expertise in secure communication and AI technology has enabled us to develop a cutting-edge platform. By integrating into TGL's ZCITY ecosystem, we are poised to make a significant impact on the digital communications and fintech sectors.’

The rollout of the ZCITY Super App will be implemented in phases, starting with a limited group of ZCITY users and then expanding to the broader user base. This phased strategy will enable the collection of real-time feedback and support continuous improvements to the application.

About Cogia AG: Cogia AG (ISIN: DE000A3H2226) is a Frankfurt-based technology company that provides innovative tools for secure communication, AI-based products and solutions in the areas of customer experience, web and social media monitoring, market research and open source intelligence.

About Treasure Global Inc: Treasure Global is a leading Malaysian solutions provider that develops innovative technology platforms. Treasure Global has developed two technology solutions: the ZCITY app, a unique digital ecosystem that transforms and simplifies the ePayment experience for consumers while allowing them to earn rewards; and TAZTE, a digital food and beverage management system that provides merchants with an all-in-one management and automated solution to digitise their businesses. Treasure Global also acts as a master franchiser in Southeast Asia for popular restaurant chains, providing them with the TAZTE solution. As of 5 May 2024, the ZCITY app has over 2,699,216 registered users. For more information, please visit https://treasureglobal.co.

About VCI Global Limited: VCI Global (ISIN: VGG982181031) is a diversified holding company. Through its subsidiaries, it focuses on consulting, fintech, AI, robotics and cybersecurity. We are headquartered in Kuala Lumpur, Malaysia and operate mainly in Asia, but also in Asia Pacific, the US, Europe and the Middle East. VCIG mainly provides advisory services in the areas of capital markets, property, AI and technology. In the technology sector, the company operates its own financing platform for companies and private individuals as well as a secure messaging platform for governments and organisations. It also invests, promotes, accelerates and commercialises companies and technologies in the fields of AI and robotics. For more information about the company, please visit https://v-capital.co/.

Cautionary note regarding forward-looking statements This press release contains forward-looking statements that are subject to various risks and uncertainties. These statements include statements about the company's ability to grow its business and other statements that are not historical facts, including statements characterised by words such as ‘intends’, ‘may’, ‘will’, ‘plans’, ‘expects’, ‘anticipates’, ‘projects’, ‘predicts’, ‘estimates’, ‘targets’, ‘believes’, ‘hopes’, ‘potential’ or similar expressions. Actual results may differ materially from those described in these forward-looking statements as a result of various factors. These factors include, among others, the Company's ability to operate a profitable business, customer acceptance of new products, the impact of the spread of the coronavirus (COVID-19) and future regulatory actions in the countries in which the Company has supply chain partners, the demand for the Company's products and the economic condition of the Company's customers, the impact of competitive products and pricing, the success of management, and general economic conditions and other risk factors detailed in the Company's filings with the U.S. Securities and Exchange Commission (SEC). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update the forward-looking statements in this press release, except as required by law.

CONTACT INFORMATION: For media enquiries please contact: VCI Global Limited enquiries@v-capital.co

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