Activation Group Holdings Limited — Share Issue/Capital Change 2021

Jul 5, 2021

==> picture [97 x 53] intentionally omitted <==

Monthly Return of Equity Issuer on Movements in Securities

For the month ended (dd/mm/yyyy) : 30/06/2021

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer Activation Group Holdings Limited Date Submitted 05/07/2021

I. Movements in Authorised Share Capital

1. Ordinary Shares

==> picture [413 x 343] intentionally omitted <==

----- Start of picture text -----

(1) Stock code : 9919 Description : Ordinary
Authorised share
No. of ordinary Par value capital
shares (HK$) (HK$)
Balance at close of preceding month 10,000,000,000 0.001 10,000,000
Increase/(decrease) Nil Nil
Balance at close of the month 10,000,000,000 0.001 10,000,000
(2) Stock code : N/A Description : N/A
Par value Authorised share
No. of ordinary (state capital
shares currency) (state currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
----- End of picture text -----

March 2019

1. Preference Shares

Stock code : N/A Description : N/A No. of Par value Authorised share preference (State capital shares currency) (State currency) Balance at close of preceding month Increase/(decrease) Balance at close of the month 3. Other Classes of Shares Stock code : N/A Description : N/A No. of other Par value Authorised share classes of (State capital shares currency) (State currency) Balance at close of preceding month Increase/(decrease) Balance at close of the month Total authorised share capital at the end of the month (HK$) : 10,000,000

March 2019

II. Movements in Issued Share Capital

==> picture [413 x 155] intentionally omitted <==

----- Start of picture text -----

No. of ordinary shares No of preference No. of other
(1) (2) shares classes of shares
Balance at close of
preceding month 754,722,000 N/A N/A N/A
Increase/ (decrease)
during the month N/A N/A N/A N/A
Balance at close of
the month 754,722,000 N/A N/A N/A
----- End of picture text -----

III. Details of Movements in Issued Share Capital

Share Options (under Share Option Schemes of the Issuer) Particulars of share No. of new shares of No. of new shares of option scheme issuer issued during issuer which may be including EGM the month pursuant issued pursuant thereto approval date thereto as at close of the (dd/mm/yyyy) and Movement during the month month class of shares issuable Granted Exercised Cancelled Lapsed 1. Share option scheme adopted on 19 December No share options have been granted since 2019 adoption Ordinary shares Nil Nil Nil Nil Nil (Note 1) 2. N/A ( / / ) shares (Note 1) 3. N/A ( / / ) shares (Note 1) Total A. (Ordinary shares) N/A (Preference shares) N/A (Other class) N/A Total funds raised during the month from exercise of options (HK$) N/A

March 2019

Warrants to Issue Shares of the Issuer which are to be Listed

==> picture [490 x 682] intentionally omitted <==

----- Start of picture text -----

No. of new No. of new
shares of shares of
issuer issuer which
issued may be
during the issued
Nominal value month pursuant
Currency at close of Exercised Nominal value pursuant thereto as at
Description of warrants of nominal preceding during the at close of the thereto close of the
(Date of expiry - dd/mm/yyyy) value month month month month
1. N/A
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
2. N/A
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3. N/A
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4. N/A
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
Total B. (Ordinary shares) N/A
(Preference shares) N/A
(Other class) N/A
----- End of picture text -----

March 2019

Convertibles (i.e. Convertible into Shares of the Issuer which are to be Listed)

Class and description	Currency of amount outstanding Amount at close of preceding month Converted during the month Amount at close of the month No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
1. N/A

Class and description outstanding month month month 1. N/A Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy)) ( / / ) 2. N/A Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy) ( / / ) 3. N/A Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy) ( / / ) 4. N/A Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy) ( / / ) Total C. (Ordinary shares) N/A (Preference shares) N/A (Other class) N/A

March 2019

Any other Agreements or Arrangements to Issue Shares of the Issuer which are to be Listed, including Options (other than under Share Option Schemes)

==> picture [476 x 290] intentionally omitted <==

----- Start of picture text -----

No. of new shares No. of new shares of
of issuer issued issuer which may be
during the month issued pursuant
pursuant thereto thereto as at close of
Full particulars including EGM approval date (dd/mm/yyyy), the month
if applicable, and class of shares issuable:
1. N/A
(Note 1)
2. N/A
( / / )
shares (Note 1)
3. N/A
( / / )
shares (Note 1)
Total D. (Ordinary shares) N/A
(Preference shares) N/A
(Other class) N/A
----- End of picture text -----

March 2019

Other Movements in Issued Share Capital

Type of Issue	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month	No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
1 Rights issue At price : State	Class of shares issuable_(Note 1) Issue and allotment _ ( / / )
. currency	date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) ( / / )	N/A	N/A
2 Open offer At price : State	Class of shares issuable_(Note 1) Issue and allotment _ ( / / )
. currency	date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) ( / / )	N/A	N/A
3 Placin At rice : State	Class of shares issuable_(Note 1) Issue and allotment _ ( / / )
. g p currency	date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) ( / / )	N/A	N/A
	Class of shares issuable_(Note 1) _ ( / / )
4. Bonus issue	Issue and allotment date : (dd/mm/yyyy) EGM approval date: (dd/mm/yyyy) ( / / )	N/A	N/A

March 2019

==> picture [490 x 670] intentionally omitted <==

----- Start of picture text -----

No. of new No. of new
shares of shares of
issuer issuer which
issued may be issued
during the pursuant
month thereto as at
pursuant close of the
thereto month
Type of Issue
Class of shares _
issuable (Note 1)
State Issue and allotment ( / / )
5. Scrip dividend At price :
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
N/A N/A
Ordinary
Class of shares
Shares
repurchased (Note 1)
_
6. Repurchase of Cancellation date :
( / / )
shares (dd/mm/yyyy)
AGM approval date:
(03/06/2021)
(dd/mm/yyyy)
N/A (1,004,000)
Class of shares _
redeemed (Note 1)
7. Redemption of Redemption date : ( / / )
shares (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
N/A N/A
Class of shares _
issuable (Note 1)
8. Consideration State Issue and allotment ( / / )
At price :
issue currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
N/A N/A
----- End of picture text -----

March 2019

No. of new No. of new shares of shares of issuer issuer which issued may be issued during the pursuant month thereto as at pursuant close of the thereto month Type of Issue Class of shares _ issuable (Note 1) 9. Capital Issue and allotment ( / / ) reorganisation date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy) N/A N/A Class of shares issuable (Note 1) _ 10. Other State (Please specify)[At price : ] currency Issue and allotment date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy) ( / / ) N/A N/A Total E. (Ordinary shares) N/A (Preference shares) N/A (Other class) N/A

Total increase / (decrease) in ordinary shares during the month (i.e. Total of A to E): (1) N/A (2) N/A Total increase / (decrease) in preference shares during the month (i.e. Total of A to E): N/A Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to N/A E): (These figures should be the same as the relevant figures under II above (“Movements in Issued Share Capital”).)

March 2019

IV. Confirmations

We hereby confirm to the best knowledge, information and belief that, in relation to each of the securities	We hereby confirm to the best knowledge, information and belief that, in relation to each of the securities
issued by the issuer during the month as set out in Part III which has not been previously disclosed in a return
published under rule 13.25A, it has been duly authorized by the board of directors of the listed issuer and,
insofar as applicable:
(Note 2)
(i)	all money due to the listed issuer in respect of the issue of securities has been received by it;
(ii)	all pre-conditions for listing imposed by the Rules Governing the Listing of Securities on The Stock
	Exchange of Hong Kong Limited under “Qualifications of listing” have been fulfilled;
(iii)	all (if any) conditions contained in the formal letter granting listing of and permission to deal in the
	securities have been fulfilled;
(iv)	all the securities of each class are in all respects identical_(Note 3)_;
(v)	all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be
	filed with the Registrar of Companies have been duly filed and that compliance has been made with
	other legal requirements;
(vi)	all the definitive documents of title have been delivered/are ready to be delivered/are being prepared
	and will be delivered in accordance with the terms of issue;
(vii)	completion has taken place of the purchase by the issuer of all property shown in the listing document
	to have been purchased or agreed to be purchased by it and the purchase consideration for all such
	property has been duly satisfied; and
(viii)	the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and
	executed, and particulars thereof, if so required by law, have been filed with the Registrar of
	Companies.

Remarks (if any):

Submitted by: DU Xiaozhou

Title: Joint Company Secretary (Director, Secretary or other duly authorised officer)

March 2019

Notes :

1. State the class of shares (e.g. ordinary, preference or other).

2. Items (i) to (viii) are suggested forms of confirmation which may be amended to meet individual cases. Where the issuer has already made the relevant confirmations in a return published under rule 13.25A in relation to the securities issued, no further confirmation is required to be made in this return.

3. “Identical” means in this context:

• the securities are of the same nominal value with the same amount called up or paid up;

• they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to exactly the same sum (gross and net); and

• they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.

4. If there is insufficient space, please append the prescribed continuation sheet.

March 2019