The Board of Directors of WRB wishes to announce that Neutron Power Sdn Bhd (“NPSB” or “Purchaser”), an indirect wholly-owned subsidiary of the Company had on 17 September 2025 entered into a legally binding Term Sheet  with G Hydropower Sdn Bhd (“G Hydropower” or “Vendor”) and Ace Hydropower Sdn Bhd (“Ace Hydropower” or “Acquiree Company”) to negotiate the detailed terms and conditions to be contained in a definitive Share Sale Agreement to be executed in relation to the proposed acquisition of a 35,000 existing ordinary shares in Ace Hydropower, representing 70% of the total issued shares in Ace Hydropower from G Hydropower, at a  purchase consideration of RM850,000.00 to be fully satisfy via cash (“Proposed Acquisition”).

Pursuant to the Proposed Acquisition, Ace Hydropower will become the indirect 70% owned-subsidiary of the Company.

Please refer to the attachment for further details of the Proposed Acquisition.

This announcement is dated 17 September 2025.