On behalf of the Board of Directors of WDHB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Wawasan Dengkil Sdn Bhd, a wholly-owned subsidiary of WDHB, Nestcon Infra Sdn Bhd and WD Solar Kedah Sdn Bhd (“JV Co”) had on 19 November 2025 entered into a shareholders’ agreement for the purpose of co-investing in JV Co and developing a large scale solar (“LSS”) photovoltaic plant of 70.00 megawatt and ancillary equipment and facilities under the LSS Petra 5+ programme located at Mukim Ayer Puteh, Daerah Pendang, Kedah (“Proposed Joint Venture”).

In addition, on behalf of the Board, AmInvestment Bank wishes to announce that WDHB proposes to diversify the existing principal activities of WDHB and its subsidiaries to include investment in renewable energy and related activities (“Proposed Diversification”).

(The Proposed Joint Venture and the Proposed Diversification shall hereinafter be collectively referred to as the “Proposals”).

Further details of the Proposals are set out in the attachment below.

This Announcement is dated 19 November 2025.