The Board of Directors of YNH wishes to announce that Kar Sin Bhd, a wholly-owned subsidiary of the Company had on 1 October 2025 entered into a Joint Venture Agreement ("JVA") with Genland Sdn Bhd to construct, develop and complete a residential development known as Residensi Bangsar South (or such other name to be approved by the appropriate authority).

Please refer to the attachment for further details of the JVA.

This announcement is dated 2 October 2025.