Results of Redemption Elections

As announced on 17 October 2023, the Company has convened a meeting of its Shareholders (the "Extension EGM") to be held on 25 October 2023 for the purpose of considering and, if thought fit, voting to approve the proposed Extension by way of an amendment to the Memorandum and Articles of the Company, all as described in the Shareholders Circular and Notice of Extraordinary General Meeting of Shareholders published by the Company on the same day (the "Extension EGM Circular"). As further described in the Extension EGM Circular, the Company is also providing Class A Ordinary Shareholders with the right to redeem their Class A Ordinary Shares.

Following the expiration of the deadline for Class A Ordinary Shareholders to submit their redemption elections, the Company announces today that the number of Class A Ordinary Shares redeemed by Class A Ordinary Shareholders is as follows:

*Percentage of the total amount of outstanding Class A Ordinary Shares prior to the publication of the Extension EGM Circular (i.e., 12,500,000 Class A Ordinary Shares), rounded to two decimal places.

As described in the Extension EGM Circular, Class A Ordinary Shareholders who validly elected to redeem all or a portion of their depositary interests in the Class A Ordinary Shares on or before the Election Cut-off Time shall have such depositary interests in the Class A Ordinary Shares redeemed and payment in respect of these will be made by Link Market Services Trustees Limited, acting as Depositary, as soon as possible on or after 26 October 2023. The final redemption price is $10.7991 per Class A Ordinary Share.