On behalf of the Board of Directors of HexTech ("Board"), M & A Securities Sdn Bhd ("M & A Securities") wishes to announce that HexTech ("Vendor") had on 6 August 2026 entered into a conditional share sale agreement ("SSA") with Hextar Holdings Sdn Bhd ("HHSB" or the "Purchaser") for the disposal of its entire 100.00% equity interest in Guper Bonded Warehouse Sdn Bhd ("GBWSB") to HHSB for a total cash consideration of RM2.77 million ("Disposal Consideration") subject to the terms and conditions stipulated in the SSA ("Proposed Disposal").

Under the terms of the SSA, the Purchaser shall on the completion date advance monies to GBWSB equivalent to: (a) the amount owing by GBWSB to HexTech for the purpose of settling and discharging the intercompany advances; and (b) redemption amount of RM35.05 million for the redeemable convertible preference shares ("RCPS") issued by GBWSB and held by HexTech which is payable by GBWSB to HexTech for the purpose of redeeming the RCPS. The said advances to be extended by the Purchaser and the Disposal Consideration shall collectively be referred to as the "Total Cash Proceeds".

(The Vendor and the Purchaser shall hereinafter be collectively referred to as the "Parties" and individually referred to as a "Party".)

The Proposed Disposal is deemed as a related party transaction by virtue of the interest of the Interested Shareholders (as defined herein) and Interested Director (as defined herein) pursuant to Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements").

In accordance with Paragraph 10.08(2)(c) of the Listing Requirements, Eco Asia Capital Advisory Sdn Bhd ("Eco Asia") has been appointed as the Independent Adviser to advise the non-interested Directors and non-interested shareholders of HexTech in relation to the Proposed Disposal.