The Board of Directors of UEM Edgenta wishes to announce that KAIZEN Owner Association Management Services LLC, an indirect 60% owned subsidiary of UEM Edgenta, has on 12 June 2025 entered into a Joint Venture and Shareholders’ Agreement  with 21 Estates Group FZCO to incorporate a joint venture company to provide the Services, exclusively for master development projects (commercial and residential) spanning an area of more than 2.5 million square meters in saleable area and/or gross floor area in Dubai, properties located within or owned by Expo City Dubai FZCO, and other sites globally, as mutually agreed between the parties.

This announcement is dated 12 June 2025.