CMON Limited — Capital/Financing Update 2026

Feb 2, 2026

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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.

CMON LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1792)

EXTENSION OF LONG STOP DATE IN RELATION TO THE PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing agent

Reference is made to the announcement of CMON Limited (the "Company", and together with its subsidiaries, the "Group") dated 19 January 2026 in relation to the placing of new Shares under General Mandate by the Company (the "Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcement.

EXTENSION OF LONG STOP DATE

As disclosed in the Announcement, the Placing is conditional upon fulfilment of the conditions on or before 12: 00 noon on the Long Stop Date i.e. 2 February 2026 (or such other day as may be agreed between the Company and the Placing Agent pursuant to the Placing Agreement). As additional time is required to fulfil the conditions, the Company and the Placing Agent entered into a supplemental letter on 2 February 2026 (the "Supplemental Letter") to extend the Long Stop Date to 9 February 2026 (or such other day as may be agreed between the Company and the Placing Agent).

Save and except for the extension of Long Stop Date disclosed above, all other terms and conditions of the Placing Agreement remain unchanged and continue to remain in full force and effect.

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The Placing Price of HK\$0.800 per Placing Share represents: (i) a discount of approximately 29.20% to the closing price of HK\$1.13 per Share as quoted on the Stock Exchange on the date of the Supplemental Letter; and (ii) a discount of approximately 26.74% to the average closing price of approximately HK\$1.092 per Share as quoted on the Stock Exchange for the last five consecutive trading days immediately preceding the date of the Supplemental Letter.

Shareholders and potential investors should note that the Placing is subject to the fulfillment of the conditions precedents under the Placing Agreement. As the Placing may or may not proceed, Shareholders and potential investors are reminded to exercise caution when dealing in the Shares.

By order of the Board CMON Limited Ng Chern Ann Chairman, Joint Chief Executive Officer and Executive Director

Singapore, 2 February 2026

As at the date of this announcement, the executive Directors are Mr. Ng Chern Ann and Mr. David Doust; the non-executive Directors are Mr. Frederick Chua Oon Kian and Ms. Li Xuejin; and the independent non-executive Directors are Mr. Wong Yu Shan Eugene, Mr. Choy Man and Mr. Leung Yuk Hung Paul.