The Board of Directors of Edelteq wishes to announce that Edelteq Technologies Sdn. Bhd. ("ETSB"), a wholly-owned subsidiary of Edelteq had, on 12 September 2025 entered into a Sale and Purchase Agreement with Chi-Tak Electrical Sdn Bhd ("CTESB" or the "Vendor") ("SPA") for the proposed acquisition by ETSB of a unit of four (4) storey semi-detached light industrial unit held under Hakmilik Geran No. 174924, Lot No. 20743, Mukim 14, Daerah Seberang Perai Selatan, Negeri Pulau Pinang and bearing assessment address of No. 18, Jalan Perniagaan Vorteks 4, Pusat Perniagaan Vorteks, 14100 Simpang Ampat, Pulau Pinang ("Property") for a purchase consideration of RM2,800,000 ("Purchase Consideration") to be satisfied entirely via cash.

Please refer to the attachment for further details on the Proposed Acquisitions.

This announcement is dated 12 September 2025.