On behalf of the Board of Directors of Olympia Industries Berhad ("OIB" or the "Company") ("Board"), RHB Investment Bank Berhad wishes to announce that Olympia Properties Sdn Bhd ("OPSB"), a wholly-owned subsidiary of OIB, had on 14 April 2026 entered into an agreement for the proposed termination of the following:

(i) Consortium agreement dated 14 February 2003 entered into between OPSB and KH Estates Sdn Bhd ("KHE"), a wholly-owned subsidiary of DutaLand Berhad; and

(ii) Development agreement dated 10 August 2007 entered into between OPSB, KHE and KH Land Sdn Bhd, a wholly-owned subsidiary of KHE,

(collectively referred to as the "Proposed Termination").

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

This announcement is dated 14 April 2026.