Save as otherwise expressly defined herein or the context otherwise requires, the terms and expressions used in this announcement shall bear the same meanings as the terms and expressions defined in our announcement dated 23 December 2019 in relation to the Share Swap.

We refer to our earlier announcements on 23 December 2019 and 2 January 2020 in relation to the Share Swap.

DNEX is pleased to announce that the Share Swap has been completed as at 1 July 2020 pursuant to the fulfilment of the terms and conditions as set out in the Agreement. Accordingly, DNEX Technology has ceased to be a wholly-owned subsidiary of DNEX.

This announcement is dated 1 July 2020.