The Board of Directors of Pecca wishes to announce that Pecca Leather Sdn Bhd [Registration No. 200001015763 (518370-H)] (“PLSB”), a wholly-owned subsidiary of Pecca, had on 10 March 2025 entered into a Framework Agreement with Shanghai Launch Automotive Technology Co., Ltd. [Unified Social Credit Code. 91310000752903384L] (“Shanghai Launch”) for consultancy services, wherein Shanghai Launch has appointed PLSB as its Sole and Exclusive Sales and Marketing Partner and Consultant in the Malaysian region to advise and assist Shanghai Launch in its dealings with the end customers in the automotive design and development as well as automotive product export Project(s).

Please refer to the attachment, for further information.

This announcement is dated 10 March 2025.