The Board of Directors of Flexidynamic wishes to announce that the Company has on 27 March 2025 entered into a Memorandum of Understanding ("MOU") with HARPS Investment Asia Pte. Ltd. ("HIA") in relation to the proposed acquisition of up to 8,300,000 ordinary shares, or the entirety of equity shares interest in Formtech Engineering (M) Sdn. Bhd. ("Formtech") ("Proposed Acquisition")

Please refer to the attachment for further details.

This announcement is dated 27 March 2025.