Richmond, VIC – 12 November 2025 – Ansell Limited (ASX: ANN) a global leader in protection solutions, announced it has suspended its relationship with Mediceram, a small Malaysian supplier of ceramic formers. The suspension stems from concerns about deteriorating relations between Mediceram and its foreign workers, following repeated strike actions over issues including the renewal of work visas, which remain pending with the relevant Malaysian immigration and labour authorities.

As advised in a statement last August, Mediceram entered into a remediation agreement with its workers following concerns raised by its customers including Ansell.

Progress has been made in implementing this agreement, with more than USD 1 million in recruitment fees reimbursed to current workers ahead of originally agreed timelines, supported by favourable trading terms provided by Ansell.

Ansell was therefore surprised to be informed on 31 October that Mediceram had terminated 177 foreign workers on the grounds of their refusal to work. We promptly expressed our clear view to Mediceram that this was not an appropriate course of action in these circumstances. In the absence of any willingness by Mediceram to reconsider, Ansell informed Mediceram on 4 November 2025 that Ansell is suspending its supplier relationship with the company.

Ansell will continue to engage with Mediceram on the conditions necessary for Ansell to consider reinstating the supplier relationship. These include Mediceram completing all outstanding matters in the remediation program swiftly and structurally and demonstrating a sustained commitment to safeguarding worker welfare, and ensuring all workers, particularly those terminated and awaiting repatriation, have sufficient financial support to cover living costs.

We recognise that this situation has raised concerns, and we are aware of conflicting statements regarding representation of workers’ interests that may be influencing the dialogue between Mediceram workers and management. Ansell will not engage in speculation or commentary on matters beyond our direct involvement. Our priority remains supporting constructive conversations, seeking to ensure fair treatment, and working toward a positive resolution of outstanding issues.

ENDS