The Board of Directors of LAC wishes to announce that the Company intends to seek the approval of shareholders on the following proposals at the forthcoming Annual General Meeting of the Company to be convened
on a date to be announced later: 

(i) proposed shareholders' ratification for recurrent related party transactions of a revenue or trading nature; and
(ii) proposed new shareholders' mandate for recurrent related party transactions of a revenue or trading nature.

The circular to shareholders containing information of the proposals will be issued to the shareholders of the Company in due course.

This announcement is dated 31 March 2026.