The Board of Directors of Metronic wishes to announce that Metronic Engineering Sdn. Bhd., a wholly-owned subsidiary of Metronic, had on 12 May 2026 entered into a Sale and Purchase Agreement ("Agreement") with Twin Hydraulics Engineering Sdn. Bhd. in relation to the disposal of a freehold industrial land with a three storey semi detached factory erected thereon located at No. 2, Jalan Astaka U8/83, Seksyen U8, Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan, Malaysia for a total consideration of RM9,420,000.00 only subject to the terms and conditions in the Agreement ("Proposed Disposal").

Kindly refer to the attachment for further details of the Proposed Disposal.

This announcement is dated 12 May 2026.