The Board of Directors of WidadGroup Berhad("the Company") wishes to announce that the resolutionsset out in the Notice of ExtraordinaryGeneral Meeting ("EGM") dated 9October2020which were tabled at the EGM of the Company held today, 26October2020 were duly passed.

The resolutionswerevoted by poll in accordance with Rule 8.31A of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. The resultof the poll was validated byCygnus IT Solutions PLT, the Independent Scrutineers appointed by the Company.

PROPOSED ACQUISITION OF 90% EQUITY INTEREST IN SERENDAH HEIGHTS SDN BHD ("SHSB") BY WIDAD FROM PRIHATIN EHSAN HOLDINGS SDN BHD AND TRAINING CAMP AABATA SDN BHD ("TCASB") FOR PURCHASE CONSIDERATION OF RM114.62 MILLION, TO BE SATISFIED IN CASH AND ISSUANCE OF NEW ORDINARY SHARES IN WIDAD

PROPOSED ACQUISITION OF 10% EQUITY INTEREST IN SHSB BY WIDAD FROM JUST WISDOM SDN BHD ("JWSB") FOR A CASH CONSIDERATION OF RM12.40 MILLION TO BE SATISFIED IN CASH