Lincotrade & Associates Holdings Limited announce that the Company has incorporated a subsidiary in Malaysia, with details set out below: Name: Lincotrade & Associates (Malaysia) Sdn. Bhd. Place of incorporation: Malaysia, Date of incorporation: 14 August 2023, Issued and paid-up capital: RM5 comprising 5 ordinary shares (on incorporation).

% of shareholdings held by the Company: 60% of the issued and paid-up capital, Principal activities: Building construction, interior designing and renovation works, and manufacturing of wooden window, door, builders' carpentry, joinery wood product and other millwork.