AUTAGCO LTD. — Capital/Financing Update 2026

Jan 14, 2026

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AUTAGCO LTD.

(Company Registration No. 200311348E) (Incorporated in the Republic of Singapore)

ENTRY INTO NON-BINDING TERM SHEET FOR PROPOSED JOINT VENTURE - EXTENSION OF TIME FOR ENTRY INTO THE DEFINITIVE AGREEMENTS

Unless otherwise defined, all capitalised terms used herein shall have the same meaning ascribed to them in the Previous Announcement (as defined below).

1. INTRODUCTION

The board of directors (the “ Board ”) of Autagco Ltd. (the “ Company ”, and together with its subsidiaries, the “ Group ”) refers to its announcement dated 23 October 2025 (the “ Previous Announcement ”) in relation to the Company entering into a non-binding term sheet (the “ Term Sheet ”) with r+ Pte. Ltd. (“ r+ ”) (each a “ Party ”, and collectively, the “ Parties ”) to establish a joint venture company (“ Management Company ”) for the purpose of jointly operating and managing up to 15 hospitality projects (known as the r+ World Access Series 1 ) across 5 countries, namely Singapore, Malaysia, Thailand, Vietnam, Japan (each “ Project ” and collectively, the “ Projects ”) (“ Proposed Joint Venture ”). Each Project will be developed by a separate project development company (unrelated to the Group) to be established and funded by third-party investors (the “ Project Companies ”).

The provisions of the Term Sheet are intended to be used as basis for the Parties to enter into definitive agreements (“ Definitive Agreements ”) including (but not limited to) the shareholders’ agreement between r+ and the Company, licensing agreements, the project management agreement.

2. EXTENSION OF EXECUTION DATE FOR DEFINITIVE AGREEMENTS

As set out in the Previous Announcement, the Term Sheet shall expire automatically if the Parties fail to enter into the Definitive Agreements at the end of 12 weeks from the date of the Term Sheet (“ Exclusivity Period ”), unless otherwise extended upon mutual agreement of the Parties in writing.

As at the date of this announcement, the Company and the Parties have mutually agreed in writing to extend the Exclusivity Period to enter into the Definitive Agreements to 9 April 2026 (“ Extension ”). Save for the Extension, all other terms of the Term Sheet remain unchanged.

3. GENERAL

Shareholders and potential investors are advised to read the Previous Announcement in conjunction with this announcement and any further announcements by the Company carefully.

Shareholders and potential investors of the Company should note that there is no certainty or assurance that any Definitive Agreements will be entered into, and the execution and completion of the Definitive Agreements are subject to conditions which may or may not be fulfilled.

The Company will make the necessary announcements when there are further material developments in relation to the Term Sheet and Definitive Agreements. Shareholders and potential investors of the Company are advised to refrain from taking any action with respect to their securities in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the securities of the Company. In the event of any doubt about the actions they should take, shareholders of the Company should consult their stockbrokers, bank managers, legal, financial, tax or other professional advisors.

BY ORDER OF THE BOARD

Ng Boon Hui Executive Director and Chief Executive Officer 14 January 2026

This announcement has been reviewed by the Company’s sponsor, SAC Capital Private Limited (the “ Sponsor ”).

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Lim Qi Fang (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.