We refer to our announcements made on 10 October 2023, 11 October 2023, 20 June 2024, 10 October 2024, 10 April 2025, 8 October 2025, 9 April 2026 and 6 July 2026, pertaining to the Industrial Tree Planting Agreement ("ITPA" or "Agreement") entered into between Focus Lumber Berhad ("the Company" or "FLB") and Rakyat Berjaya Sdn Bhd ("RBSB").

Further to the Company's announcement dated 6 July 2026, the Board of Directors ("the Board") of FLB wishes to provide an update on the commencement of operational activities under the ITPA.

The Company had previously expected its operational activities, comprising harvesting activities and nursery works, to commence in the third quarter of 2026.

The Board wishes to announce that, following a review of the prevailing operating and market conditions, including the increase in diesel prices and after reviewing the operating costs, the commencement of harvesting activities has been deferred and is currently expected to commence in the first quarter of 2027.

Meanwhile, nursery works have commenced and are currently in preparation for the planting activities under the Industrial Tree Plantation project.

The Company will make further announcements on any material developments in relation to the above, where required, in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 21 September 2026.