The Board of Directors of Pecca Group Berhad (“Pecca” or “the Company”) wishes to announce that the strategic alliance between Pecca Leather Sdn Bhd ("PLSB"), the wholly-owned subsidiary of Pecca, and Shanghai Launch Automotive Technology Co., Ltd ("Shanghai Launch") is formalized through a Framework Agreement for consultancy services. Under this agreement, PLSB is appointed as the Sole and Exclusive Sales and Marketing Partner and Consultant for Shanghai Launch in Malaysia, leveraging Pecca’s industry experience and its network with major automotive players. The collaboration will tap into Shanghai Launch’s insights into the latest automotive technologies and will potentially cover future development of innovative solutions, including electric vehicles.

Please refer to the attachment, for further information.

This announcement is dated 10 March 2025.