diff --git a/core/iwasm/common/wasm_exec_env.h b/core/iwasm/common/wasm_exec_env.h
index 5d80312fb..6083280b4 100644
--- a/core/iwasm/common/wasm_exec_env.h
+++ b/core/iwasm/common/wasm_exec_env.h
@@ -30,6 +30,10 @@ typedef struct WASMCurrentEnvStatus WASMCurrentEnvStatus;
 typedef struct WASMJmpBuf {
     struct WASMJmpBuf *prev;
     korp_jmpbuf jmpbuf;
+#if WASM_ENABLE_MULTI_MODULE != 0
+    /* The owner module instance associated with the current jmpbuf. Used in multi-module to propagate the exception */
+    struct WASMModuleInstanceCommon *module_inst;
+#endif 
 } WASMJmpBuf;
 #endif
 
diff --git a/core/iwasm/common/wasm_runtime_common.c b/core/iwasm/common/wasm_runtime_common.c
index 259816e0b..7a5ded2cf 100644
--- a/core/iwasm/common/wasm_runtime_common.c
+++ b/core/iwasm/common/wasm_runtime_common.c
@@ -248,6 +248,15 @@ runtime_signal_handler(void *sig_addr)
 
         if (is_sig_addr_in_guard_pages(sig_addr, module_inst)) {
             wasm_set_exception(module_inst, "out of bounds memory access");
+#if WASM_ENABLE_MULTI_MODULE != 0
+            if (jmpbuf_node->module_inst
+                && jmpbuf_node->module_inst
+                       != (WASMModuleInstanceCommon *)module_inst) {
+                wasm_runtime_propagate_exception_from_import(
+                    (WASMModuleInstance *)jmpbuf_node->module_inst,
+                    module_inst);
+            }
+#endif
             os_longjmp(jmpbuf_node->jmpbuf, 1);
         }
 #if WASM_DISABLE_STACK_HW_BOUND_CHECK == 0
@@ -375,6 +384,15 @@ runtime_exception_handler(EXCEPTION_POINTERS *exce_info)
                    the wasm func returns, the caller will check whether the
                    exception is thrown and return to runtime. */
                 wasm_set_exception(module_inst, "out of bounds memory access");
+#if WASM_ENABLE_MULTI_MODULE != 0
+                if (jmpbuf_node->module_inst
+                    && jmpbuf_node->module_inst
+                           != (WASMModuleInstanceCommon *)module_inst) {
+                    wasm_runtime_propagate_exception_from_import(
+                        (WASMModuleInstance *)jmpbuf_node->module_inst,
+                        module_inst);
+                }
+#endif
                 ret = next_action(module_inst, exce_info);
                 if (ret == EXCEPTION_CONTINUE_SEARCH
                     || ret == EXCEPTION_CONTINUE_EXECUTION)
diff --git a/core/iwasm/interpreter/wasm_runtime.c b/core/iwasm/interpreter/wasm_runtime.c
index a59bc9257..f07950630 100644
--- a/core/iwasm/interpreter/wasm_runtime.c
+++ b/core/iwasm/interpreter/wasm_runtime.c
@@ -103,6 +103,29 @@ wasm_resolve_symbols(WASMModule *module)
     return ret;
 }
 
+#if WASM_ENABLE_MULTI_MODULE != 0
+void
+wasm_runtime_propagate_exception_from_import(WASMModuleInstance *parent,
+                                             WASMModuleInstance *sub_module)
+{
+    static const char exception_prefix[] = "Exception: ";
+    const char *message = NULL;
+
+    if (!parent || !sub_module)
+        return;
+
+    message = wasm_get_exception(sub_module);
+    if (message && message[0] != '\0') {
+        if (!strncmp(message, exception_prefix, sizeof(exception_prefix) - 1)) {
+            message += sizeof(exception_prefix) - 1;
+        }
+
+        wasm_set_exception(parent, message);
+        wasm_set_exception(sub_module, NULL);
+    }
+}
+#endif
+
 #if WASM_ENABLE_MULTI_MODULE != 0
 static WASMFunction *
 wasm_resolve_function(const char *module_name, const char *function_name,
@@ -3621,6 +3644,10 @@ call_wasm_with_hw_bound_check(WASMModuleInstance *module_inst,
         return;
     }
 
+#if WASM_ENABLE_MULTI_MODULE != 0
+    jmpbuf_node.module_inst = (WASMModuleInstanceCommon *)module_inst;
+#endif
+
     wasm_exec_env_push_jmpbuf(exec_env, &jmpbuf_node);
 
     if (os_setjmp(jmpbuf_node.jmpbuf) == 0) {
diff --git a/core/iwasm/interpreter/wasm_runtime.h b/core/iwasm/interpreter/wasm_runtime.h
index 0ba2049af..fef6eda43 100644
--- a/core/iwasm/interpreter/wasm_runtime.h
+++ b/core/iwasm/interpreter/wasm_runtime.h
@@ -593,6 +593,10 @@ wasm_lookup_tag(const WASMModuleInstance *module_inst, const char *name,
                 const char *signature);
 #endif
 
+void
+wasm_runtime_propagate_exception_from_import(WASMModuleInstance *parent,
+                                             WASMModuleInstance *sub_module);
+
 #endif
 
 bool