The Board of Directors of Wang-Zheng Berhad announced that the Board had on 26 February 2024 resolved to form a new Board Committee namely Long-Term Incentive Plan ("LTIP") Committee to implement and administer the LTIP of the Company in accordance with the By-Laws of the LTIP. The composition of the LTIP Committee is as follows: (a) Low Gay Teck (Independent Non-Executive Director) ? Chairman, (b) Yap Ping Hong (Independent Non-Executive Director) ?

Member, (c) Kington Tong Kum Loong (Independent Non-Executive Director) ? Member, (d) Hui Ching Chi (Executive Director cum Group Chief Executive Officer) ? Member, (e) Li Wai Leung (Executive Director) ?

Member. This announcement is dated 26 February 2024.