On behalf of the Board of Directors of Chemlite, UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) wishes to announce that the Company proposes to establish an LTIP comprising an ESOS and a SGS, of up to 10.0% of the total number of issued shares of the Company (excluding treasury shares, if any) at any point in time throughout the duration of the LTIP for the eligible Directors and employees of Chemlite and its subsidiary (excluding dormant subsidiaries and foreign subsidiaries, if any) who fulfil the eligibility criteria as set out in the by-laws governing the LTIP.

The Proposed LTIP represents the first corporate exercise by the Company since its listing on the ACE Market of Bursa Malaysia Securities Berhad on 26 March 2025. The Proposed LTIP is primarily intended to cultivate a sense of ownership amongst the Eligible Persons and foster a motivated workforce. This initiative aims to emphasise on performance excellence and adoption of sustainable practices that contributes to growth and governance as well as to support the Group's ongoing efforts to attract and retain talent.

Further details on the Proposed LTIP are set out in the attachment below.

This announcement is dated 8 April 2026.