Bursa Announcement

The Board of Directors of WRB wishes to announce that Neutron Power Sdn Bhd (“NPSB” or “Purchaser”), an indirect wholly-owned subsidiary of the Company had on 11 November 2025 entered into a legally binding Term Sheet  with G Capital Berhad (“G Capital” or “Vendor”) and Excel Hydropower Sdn Bhd (“Excel Hydropower” or “Acquiree Company”) to negotiate the detailed terms and conditions to be contained in a definitive Share Sale Agreement to be executed in relation to the proposed acquisition of 7 new ordinary shares in Excel Hydropower to be issued upon the completion of the Share Capital Restructuring, representing 70% of the total issued shares in Excel Hydropower, from G Capital at a  purchase consideration of RM300,000.00 to be fully satisfy via cash (“Proposed Acquisition”).

Pursuant to the Proposed Acquisition, Excel Hydropower will become the indirect 70% owned-subsidiary of the Company.

Please refer to the attachment for further details of the Proposed Acquisition.

This announcement is dated 11 November 2025.