Reference is made to the Company’s announcements dated 11 September 2024, 10 March 2025,  17 April 2025 and 25 April 2025 in relation to the proposed disposal of four adjoining parcels of vacant freehold industrial land in Nilai, Negeri Sembilan ("Proposed Disposal").

The Board of Directors of HexTech had on 17 April 2025, announced that Guper Bonded Warehouse Sdn. Bhd. ("GBWSB" or "Vendor"), a wholly owned subsidiary of the Company, and Widad Development (Nilai) Sdn. Bhd. (formerly known as Widad Rail Sdn. Bhd.) ("WDNSB" or "Purchaser"), a wholly owned subsidiary of Widad Group Berhad, have entered into a conditional Sale and Purchase Agreement ("SPA") on 17 April 2025 in relation to the Proposed Disposal.

The Vendor and Purchaser together are referred to as the "Parties" or singularly as “Party”.

After due deliberation and discussion, the Board of Directors of HexTech wishes to announce that both Parties had executed a Deed of Termination on 21 August 2025 to terminate the SPA with immediate effect. The termination is prompted by recent economic changes, which have led the Parties to reassess the sale and purchase and to reidentify the parcels of Land intended to be sold and acquired as part of the reassessment. The Parties further acknowledge and agree that a new sale and purchase agreement will be entered into undernew revised terms to be negotiated.

This announcement is dated 21 August 2025.