Reference is made to the announcement dated 24 July 2026 in relation to the Sukuk Wakalah Programme. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as those previously defined in the announcement dated 24 July 2026.

The Board of Directors of Lagenda Properties ("Board") wishes to announce that Lagenda Capital, a wholly-owned subsidiary of Lagenda Properties, has on 17 September 2026 completed the first issuance of Sukuk Wakalah of Ringgit Malaysia Four Hundred Seventy-Five Million (RM475,000,000.00) in nominal value ("First Issuance" or "Series 1") under the Sukuk Wakalah Programme.

The proceeds of Series 1 Sukuk Wakalah shall be used for Shariah-compliant inter-company advances to fund acquisitions and working capital for affordable housing developments, among others.

The First Issuance is secured, unrated, and is not and will not be listed on Bursa Malaysia Securities Berhad or any other stock exchange.

Alliance Islamic Bank Berhad and AmInvestment Bank Berhad are the Joint Principal Advisers, Joint Lead Arrangers and Joint Lead Managers for the Sukuk Wakalah Programme. Alliance Islamic Bank Berhad and AmBank Islamic Berhad are also the Joint Shariah Advisers for the Sukuk Wakalah Programme.

This announcement is dated 17 September 2026.