The Board of Directors of the Company wishes to announce that the Company proposes to seek its' shareholders' approval for the proposed renewal authority for the Company to purchase its own ordinary shares up to 10% of the total number of issued shares ("Proposed Renewal of Share Buy-Back") at the fourthcoming Twenty-Seventh Annual General Meeting ("AGM") of the Company.

At the AGM of the Company held on 15 December 2020, the shareholders of LTHB had granted a mandate for the Company to purchase up to 10% of its ordinary shares. The authority shall expire at the conclusion of the forthcoming AGM of the Company.

A Statement to Shareholders containing details in relation to the Proposed Renewal of Share Buy-Back will be distributed to the shareholders together with the Notice of the Company for the financial year ended 30 June 2021.

This announcement is dated 7 October 2021.