On behalf of the Board of Directors of Lebtech ("Board"), UOB Kay Hian (M) Sdn Bhd ("UOBKH") is pleased to announce that Lebtech Construction Sdn Bhd ("LCSB" or the "Purchaser"), a wholly-owned subsidiary of Lebtech, had on 28 September 2026 entered into a share sale and purchase agreement ("SPA") with Dato' Noor Azman @ Noor Hizam B. Mohd Nurdin and Datin Nor Hayati binti Abd Malik (collectively referred to as the "Vendors") for the proposed partial debt settlement of the amount due from Lebar Daun Development Sdn Bhd ("LDD") and Basco Sdn Bhd ("Basco") (both collectively referred to as the "Debtors") via the transfer of the entire equity interest in Asia Fortune 2000 Sdn Bhd ("AFSB") to Lebtech being the entity nominated by LCSB for a total value of RM62,425,529 ("Debt Settlement Amount") ("Proposed Debt Settlement").

The Proposed Debt Settlement is deemed as a related party transaction ("RPT") under Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements") by virtue of the interests of the directors and major shareholders of the Company as set out in the announcement.

Pursuant thereto, the Board (save for the Interested Directors (as defined herein)) has appointed QuantePhi Sdn Bhd to act as the independent adviser ("Independent Adviser") to advise the non-interested directors and non-interested shareholders of Lebtech as to whether the Proposed Debt Settlement is fair and reasonable so far as the non-interested directors and non-interested shareholders of the Company are concerned, and whether the Proposed Debt Settlement is to the detriment of the non-interested shareholders of Lebtech.

Further details of the Proposed Debt Settlement are set out in the attachment enclosed.

This announcement is dated 28 September 2026.