The Board of Directors of Hartalega Holdings Berhad (“HARTALEGA” or “the Company”) wishes to announce that Hartalega NSM Sdn. Bhd. (“HNSM”), a wholly-owned subsidiary of the Company, had on 13th December 2022 entered into a Sale and Purchase Agreement (“the Agreement”) with Northern Gateway Free Zone Sdn. Bhd. (“NGFZ”) [Registration No. 200401020928 (659432-U)] for the acquisition of land from NGFZ for a total cash consideration of Ringgit Malaysia Ringgit Malaysia Fifty Four Million Three Hundred Twenty One Thousand Three Hundred and Thirty Four Only (RM54,321,334.00) only upon the terms and conditions as stipulated in the Agreement (“the Acquisition”).

The details of the Acquisition is attached.

This announcement is dated 13 December 2022.