Able Engineering Holdings Limited — Capital/Financing Update 2022

May 5, 2022

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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ABLE ENGINEERING HOLDINGS LIMITED 安保工程控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1627)

COMPLETION OF DISCLOSEABLE AND CONNECTED TRANSACTION IN RELATION TO THE ACQUISITION OF THE ENTIRE ISSUED SHARES OF GAIN CAPITAL CORPORATION LIMITED

Reference is made to (a) the announcement of Able Engineering Holdings Limited (the “ Company ”) dated 18 February 2022 and the circular of the Company dated 31 March 2022 (the “ Circular ”) in relation to, among others, the acquisition of the Sale Shares and the Sale Loan under the Agreement entered into between Mr. NGAI (as seller) and Tregunter Global (as buyer) on 18 February 2022; and (b) the announcement of the Company dated 29 April 2022 in relation to the poll results of the extraordinary general meeting of the Company. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the conditions precedent under the Agreement have been fulfilled and Completion took place on 5 May 2022 in accordance with the terms and conditions of the Agreement. Upon Completion, Gain Capital has become an indirect wholly-owned subsidiary of the Company and accordingly, the assets, liabilities and financial performance of the Gain Capital Group will be consolidated into the consolidated financial statements of the Company.

By Order of the Board ABLE ENGINEERING HOLDINGS LIMITED CHEUNG Ho Yuen Executive Director and Chief Executive Officer

Hong Kong, 5 May 2022

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As at the date of this announcement, the Board comprises the following Directors:

Executive Directors Mr. NGAI Chun Hung Mr. CHEUNG Ho Yuen Mr. LAU Chi Fai Daniel Mr. YAU Kwok Fai

Independent Non-executive Directors Prof. KO Jan Ming Dr. LEE Man Piu Albert Dr. LI Yok Sheung Ms. MAK Suk Hing Mr. MONG Chan

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