Reference is made to the announcements dated 25 November 2025, 5 March 2026, 23 April 2026 and 24 June 2026 in relation to the signing of Heads of Agreement ("HOA") between Sierra Aspects Sdn Bhd ("SASB") and Pertubuhan Peladang Negeri Perak ("PPNP").

The Company wishes to announce that the HOA has lapsed, and accordingly, SASB and PPNP will not proceed with the execution of the Definitive or Collaboration Agreement contemplated therein.

This announcement is dated 27 August 2026.