WAN LEADER (08482) announced that all conditions precedent under the placement agreement have been fulfilled, and the completion of the placement took place on October 21, 2025, in accordance with the terms of the agreement. A total of 29.9479 million placement shares, representing approximately 16.67% of the company's issued share capital as of the announcement date, were successfully placed to no fewer than six placees at a price of HK$0.103 per share.