HONG KONG, Aug. 21, 2025 — WANG & LEE GROUP, Inc. (NASDAQ: WLGS) (“W&L”, or the “Company”), a Hong Kong-based primary and subcontracting construction firm specializing in the installation of Electrical & Mechanical Systems, today announced that its board of directors approved a combination of its ordinary shares on a 250-to-one basis on July 28, 2025 (referred to as the “Share Combination”). The Company’s ordinary shares are scheduled to begin trading on a post-combination basis on September 2, 2025.

As a direct result of the Share Combination, every two hundred and fifty (250) pre-combination ordinary shares of the Company will be automatically converted into one (1) ordinary share, with no action required from shareholders and no alteration to the par value. Consequently, the total number of issued and outstanding ordinary shares of the Company will be reduced from 174,679,566 to approximately 698,719. The Company’s ordinary shares will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the existing symbol “WLGS,” but with a new CUSIP number – G9T22C118. The objective of the Share Combination is to increase the market price per share of the Company’s ordinary shares, thereby enabling the Company to maintain its Nasdaq listing.

No fractional shares will be issued following the Share Combination. Shareholders who would otherwise be entitled to a fractional share due to holding a number of ordinary shares not evenly divisible by 250 will automatically receive an additional fractional share to complete a whole share, ensuring that the Company does not have any fractional shares outstanding.

The Share Combination will not be put to a vote of the Company’s shareholders, as such a vote is not mandated under the laws of the British Virgin Islands.

Transhare Corporation, the Company’s transfer agent, will serve as the exchange agent. Adjustments for ordinary shares represented by physical stock certificates can be processed upon surrender of the certificates to the transfer agent. For further information, please contact Transhare Corporation, LLC at (303) 662-1112.

About WANG & LEE GROUP, Inc.

WANG & LEE GROUP, Inc. is a Hong Kong-based primary and subcontracting construction company that specializes in the installation of Electrical & Mechanical Systems. These systems include low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems, fire service systems, water supply and sewage disposal systems, as well as fitting out services for both public and private sectors. The Company also provides design and contracting services across all trades within the construction industry. Its client base ranges from small startups to large corporations.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to various risks and uncertainties. Such statements include those concerning the Company’s ability to grow its business and other statements that are not historical facts, which may be identified by words such as “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar expressions. Actual results could differ materially from those outlined in these forward-looking statements due to various factors, including, without limitation, the Company’s capacity to achieve profitable operations, customer acceptance of new products, future actions taken by authorities in countries where the Company’s supply chain partners are located, the demand for the Company’s products and the economic health of its customers, the impact of competitive products and pricing, effective management, general economic conditions, and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission. The forward-looking statements included in this press release are current as of the date of this release, and the Company disclaims any responsibility to update them, except as required by applicable law.

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