(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in UOA REIT's announcements dated 2 October 2025, 4 November 2025, 5 December 2025, 8 December 2025, 23 December 2025, 26 December 2025, 18 March 2026 and 29 April 2026 in relation to the Proposals ("Announcements").)

Reference is made to the Announcements.

On behalf of the Board, HLIB wishes to announce that the resolution in respect of the Proposed Acquisitions was not carried at the Adjourned Unitholders' Meeting held on 29 April 2026.

The completion of the Proposed Acquisitions is conditional upon, amongst others, the approval of the Unitholders.

In view that the aforesaid condition precedent has not been fulfilled, the parties have exercised their rights pursuant to Clause 3.2 of the SPAs to rescind the SPAs. The SPAs shall cease to have any effect and become null and void, and all monies paid (if any) shall be dealt with in accordance with the terms of the SPAs. For the avoidance of doubt, the issuance of Consideration Units pursuant to the Proposed Acquisitions will not proceed following the rescission of the SPAs.

Thereafter, none of the parties shall have any claims against each other arising from or in connection with the SPAs, save and except for any antecedent breach of the SPAs.

At the same Adjourned Unitholders' Meeting, the resolution in respect of the Proposed IDRP was approved by the Unitholders' and will be implemented accordingly.

This announcement is dated 29 April 2026.