Hong Kong, 28 September 2026 – Wan Leader International Limited (“Wan Leader”) announced the completion of its connected transaction involving the issue of 44.92 million new shares at HK$0.104 each under a specific mandate. The shares were allotted today after all contractual conditions were met.

The placement generated gross proceeds of HK$4.67 million, with net proceeds of approximately HK$4.55 million after expenses. Management intends to deploy about HK$3.00 million to fund additional payroll for operational staff in support of expanding logistics routes, while roughly HK$1.55 million will bolster working capital and general operations.

The newly issued shares equal around 25% of Wan Leader’s 179.69 million shares outstanding before completion and 20% of the enlarged share capital, which now totals 224.61 million shares.

Post-transaction, the Subscriber enters the register with a 20.00% stake, becoming the second-largest shareholder. Cargo Man Logistics Company Limited’s holding decreases from 23.91% to 19.13%, and public shareholders’ aggregate interest falls from 69.40% to 55.52%. Hongkong ZCFT International Limited retains a 5.34% stake, while Ho Tat Limited remains immaterial at 0.01%.

The Board of Wan Leader, chaired by Executive Director and CEO Loy Hak Yu Thomas, confirmed the accuracy and completeness of the disclosed information in accordance with GEM Listing Rules.