The Board of Directors of WB wishes to announce that Wah Seong International Pte Limited (Business Registration No. 20189682) (“WSIPL”), a direct wholly-owned subsidiary of the Company has been deregistered on 3 October 2025 pursuant to Section 751 of the Companies Ordinance in Hong Kong. The notice of dissolution was obtained by WB from the Companies Registry of Hong Kong on 14 October 2025.

WSIPL was incorporated in Hong Kong on 9 November 1993 with an issued and paid-up share capital of HKD1,000,000.00 comprising 1,000,000 ordinary shares of HKD1.00 each.

The deregistration of WSIPL will not have any effect on the share capital and shareholdings of the substantial shareholders of WB and will not have any financial impact on the gearing, earnings and net assets of WB Group for the financial year ending 31 December 2025.

None of the Directors, major shareholders, chief executive of WB and/or persons connected to them have any interest, direct or indirect, in the deregistration of WSIPL.

This announcement is dated 14 October 2025.