We refer to the Company's earlier announcement dated 19 June 2026 in relation to the first extension of time ("EOT") for fulfilment of conditions precedent and completion date of the Proposed Acquisition of JSNT. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Circular to Shareholders on 11 March 2026.

On behalf of the Board, HLIB wishes to announce that SAM and the Vendor had today, vide a second letter of EOT dated 7 October 2026, mutually agreed to the further extension of the time for the fulfillment of the conditions precedent as stated in the JSNT SSA for an additional period of 175 days, up to 31 March 2027 and the Completion Date of JSNT SSA to on or before 31 May 2027.

Save for the above, all other terms and conditions of the JSNT SSA remains unchanged, in full force, and continue to take effect and be binding on the parties to the JSNT SSA.

This announcement is dated 8 October 2026.