The entering into of the Convertible Debenture Amendment constitutes a connected transaction of the Company and is subject to the Independent Shareholders' approval requirements under Chapter 14A of the Hong Kong Listing Rules. According to Rule 28.05 of the Hong Kong Listing Rules, any alterations in the terms of convertible debt securities after issue must be approved by the Hong Kong Stock Exchange, except where the alterations take effect automatically under the existing terms of such convertible debt securities. The Company will apply to the Hong Kong Stock Exchange for approval for the entering into of the Convertible Debenture Amendment pursuant to Rule 28.05 of the Hong Kong Listing Rules. The Meeting and Despatch of Management Proxy Circular The Company will be seeking approval of the Convertible Debenture Amendment from Independent Shareholders at a special meeting of shareholders (the "Meeting") to be held on or before August 30, 2024.