Circular/Notice to Shareholders

LIANSON FLEET GROUP BERHAD

Subject

Lianson Fleet Group Berhad ("LFG") (formerly known as Icon Offshore Berhad) - Circular to Shareholders in relation to: Part A - (I) Proposed Acquisition of YPVPL; and (II) Proposed Acquisition of YPL (collectively referred to as "Proposed Acquisitions") Part B - Independent Advice Letter from Kenanga Investment Bank Berhad to the Non-Interested Shareholders of LFG in relation to the Proposed Acquisitions Part C - (I) Proposed Bonus Issue of Warrants; (II) Proposed Employees' Share Scheme; and (III) Proposed Allocation Part D - Proposed New Shareholders' Mandate; and Part E - Proposed Share Buy-Back Authority

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Please refer attachment below.

1. LFG_Circular to Shareholders dated 27 November 2025_Part 1.pdf
2. LFG_Circular to Shareholders dated 27 November 2025_Part 2.pdf
3. LFG_Circular to Shareholders dated 27 November 2025_Part 3.pdf