Crypto Flow Technology Limited — Capital/Financing Update 2025

Oct 31, 2025

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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Crypto Flow

Crypto Flow Technology Limited

加幂科技有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8198)

SUPPLEMENTAL ANNOUNCEMENT

EXTENSION OF PLACING AGREEMENT

References are made to the announcements of Crypto Flow Technology Limited (the "Company") dated 28 July 2025, 15 August 2025, 4 September 2025, 19 September 2025, 23 September 2025 and 13 October 2025 (the "Announcements") in relation to, among others, the placing of new shares under general mandate. Capitalised terms used herein, unless otherwise defined, shall have the same meanings as those defined in the Announcements.

FIFTH SUPPLEMENTAL PLACING AGREEMENT

Pursuant to the terms and conditions of the Placing Agreement (as supplemented by the Supplemental Placing Agreement, the Second Supplemental Placing Agreement, the Third Supplemental Placing Agreement and the Fourth Supplemental Placing Agreement), the Placing Completion is subject to the conditions precedent having been fulfilled on or before the Placing Long Stop Date, being 2 November 2025.

As additional time is required to fulfil the conditions precedent set out in the Placing Agreement, on 31 October 2025 (after trading hours), the Company and the Placing Agent entered into a fifth supplemental agreement ("Fifth Supplemental Placing Agreement") whereby the parties have agreed to further extend the Placing Long Stop Date to 20 November 2025.

Save for the above, all other terms and conditions of the Placing Agreement shall remain unchanged and continue in full force and effect.

The Directors consider that the terms of the Placing Agreement (as supplemented by the Supplemental Placing Agreement, the Second Supplemental Placing Agreement, the Third Supplemental Placing Agreement, the Fourth Supplemental Placing Agreement and the Fifth Supplemental Placing Agreement) are on normal commercial terms, fair and reasonable and in the interests of the Company and the Shareholders as a whole.

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Save for the supplemental information in this announcement, all other information contained in the Announcements remains unchanged.

As the Placing Completion are subject to the satisfactions of the conditions precedent thereto, the Placing may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

By order of the Board of
Crypto Flow Technology Limited
Li Hongbin
Chairman

Hong Kong, 31 October 2025

As at the date of this announcement, the executive Directors are Mr. Li Hongbin, Mr. Huang Yibin and Ms. Xiong Jiayan; and the independent non-executive Directors are Mr. Sun Yuqiang, Mr. Chu, Howard Ho Hwa and Mr. Tong, I Tony.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Listed Company Information" page of the Stock Exchange's website at www.hkexnews.hk for at least 7 days from the date of its publication and on the Company's website at www.cryptoflowhk.com.

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