(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the announcement dated 12 May 2021 in relation to the Rights Issue with Warrants.)

Reference is made to the Company's announcements dated 12 May 2021, 9 June 2021, 21 June 2021, 9 July 2021, 26 July 2021, 27 July 2021, 12 August 2021, 6 September 2021, 13 September 2021 and 13 June 2023, 9 August 2023, 27 June 2024, 30 June 2025 and 24 June 2026, respectively in relation to the Rights Issue with Warrants.

The Board of Directors of Lambo had on 4 September 2026 approved the variation of the utilisation and further extension of timeframe for the full utilisation of the proceeds raised from the Rights Issue with Warrants ("Variation and Extension of Time"). 

Please refer to the attachment for the details of the announcement.

This announcement is dated 4 September 2026.