Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the above-captioned matter.

We refer to the announcements made on 23 March 2023 and 27 April 2023.

On behalf of the Board, UOBKH wishes to announce that the conditions precedent under the SSA have been fulfilled, and with the receipt of settlement of the balance disposal consideration, the Disposal has been completed on 1 June 2023, in accordance with the terms of the SSA.

This announcement is dated 1 June 2023.