Common use of Convertible Bonds Clause in Contracts

Convertible Bonds. For every HK$1,000,000 face value of the 2024 Convertible Bonds HK$[1,459,729.50]* in cash based on a conversion price of HK$[2.98] assuming that the “Change of Control” (as defined in the terms and conditions of the 2024 Convertible Bonds) takes place on the date of this joint announcement For every HK$1,000,000 face value of the 2025 Convertible Bonds……………………………….HK$[1,412,336.25]* in cash based on a conversion price of HK$[3.08] assuming that the “Change of Control” (as defined in the terms and conditions of the 2025 Convertible Bonds) takes place on the date of this joint announcement and not taking into account the Conversion Price Reset

Convertible Bonds. For every HK$1,000,000 face value of the 2024 Convertible Bonds HK$[1,459,729.50]* in cash based on a conversion price of HK$[2.98] assuming that the “Change of Control” (as defined in the terms and conditions of the 2024 Convertible Bonds) takes place on the date of this joint announcement For every HK$1,000,000 face value of the 2025 Convertible Bonds……………………………….HK$[1,412,336.25Bonds HK$[1,412,336.25]* in cash based on a conversion price of HK$[3.08] assuming that the “Change of Control” (as defined in the terms and conditions of the 2025 Convertible Bonds) takes place on the date of this joint announcement and not taking into account the Conversion Price Reset. For further information, please refer to the section headed “POSSIBLE

Convertible Bonds. For every HK$1,000,000 face value of the 2024 Convertible Bonds HK$[1,459,729.50]* in cash based on a conversion price of HK$[2.98] assuming that the “Change of Control” (as defined in the terms and conditions of the 2024 Convertible Bonds) takes place on the date of this joint announcement For every HK$1,000,000 face value of the 2025 Convertible Bonds……………………………….HK$[1,412,336.25Bonds HK$[1,412,336.25]* in cash based on a conversion price of HK$[3.08] assuming that the “Change of Control” (as defined in the terms and conditions of the 2025 Convertible Bonds) takes place on the date of this joint announcement and not taking into account the Conversion Price Reset. For further information, please refer to the section headed “POSSIBLE joint announcement