The Board of Directors of NWP wishes to announce that Company had on 1 September 2021 entered into a Joint Venture Agreement (“JVA”) with Datanex Sdn. Bhd. (“DATANEX”) (hereinafter referred to collectively as “Parties” and individually as “Party”) to formalise and set out the basic terms of their relationship with each other via their respective investment participation in the joint venture through a joint venture company to be incorporated (“JVco”) to carry out the business and affairs of the joint venture as disclosed below (“Proposed Joint Venture”).

Details of the announcement are set out in the attachment below.

This announcement is dated 1 September 2021.