The Board of Directors of WCT Holdings Berhad ("WCT" or "the Company") is pleased to announce that WCT International Sdn Bhd ("WCTISB"), a wholly-owned subsidiary of WCT Berhad ("WCTB"), which in turn is a wholly-owned subsidiary of the Company, together with Construction General Contracting House Ltd. ("CGCH"), a company incorporated in the UAE,  through their 50:50 unincorporated joint venture ("CGC-WCT Joint Venture" or the "Joint Venture") have on 6 July 2026 accepted the Sub-Contract Letter of Award issued by CGCH to the Joint Venture, to jointly undertake, execute and complete the construction works (the "Sub-Contract Works") for the project, owned and developed by Aldar Development LLC - O.P.C. (the "Employer"), known as Yas Riva Residences Works Package - The Construction and Completion of six (6) Residential Buildings, each with 11 Levels, in Plot C54 and C55 and with 1 common Basement" in Abu Dhabi, UAE (the "Project") for a sub-contract sum of AED836,000,000 (equivalent to approximately RM926,207,744) (the "Sub-Contract").

Following the acceptance of the Sub-Contract, WCTISB and CGCH shall as soon as reasonably practicable thereafter, either directly or through their respective wholly owned subsidiaries, incorporate an incorporated Joint Venture Company (on 50:50 basis) to undertake and execute the Sub-Contract Works.

The Sub-Contract Works is expected to commence in Q3 of 2026 and are to be completed within 1,218 days from the commencement thereof.

None of the Directors or major shareholders of the Company or persons connected with them has any interest, direct or indirect, in the Sub-Contract.

This announcement is dated 6 July 2026.