The Board of Directors of Teo Seng wishes to announce the following: - 

a) Proposed Renewal of Existing Shareholders' Mandate 

The Company is proposed to seek the shareholders' approval for the proposed renewal of existing shareholders' mandate for the recurrent related party transactions of a revenue or trading nature at the forthcoming Annual General Meeting ("AGM"). 

b) Proposed Renewal of Authority For Share Buy-Back 

The Company is proposed to seek the shareholders' approval to renew the authority for the Company to purchase its own shares of up to ten per cent (10%) of the total number of issued shares of the Company at the forthcoming AGM. 

A Circular/Statement containing details of the above proposals will be issued to the shareholders in due course. The purpose of the Circular/Statement is to provide shareholders with details of the said proposals, which are to be tabled as ordinary resolutions under special business at the forthcoming AGM. 

This announcement is dated 14 April 2026.