EFT Solutions Holdings Limited — Earnings Release 2021

Feb 4, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) 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.

EFT Solutions Holdings Limited 俊盟國際控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 8062)

POSITIVE PROFIT ALERT

This announcement is made pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”) and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571, Law of Hong Kong).

The board (the “ Board ) of directors (the “ Directors ”) of EFT Solutions Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on the preliminary review of the Group’s unaudited consolidated management accounts, the Group is expected to record an increase in the unaudited profit and total comprehensive income attributable to the Shareholders by approximately HK$10.7 million or 194.5% to approximately HK$16.2 million for the nine months ended 31 December 2020 as compared to approximately HK$5.5 million for the nine months ended 31 December 2019. The Board considers that such profit increment for the nine months ended 31 December 2020 was mainly attributable to the combined effect of (i) the decrease in finance cost due to absence of interest expenses on promissory notes for the nine months ended 31 December 2020; (ii) the decrease in other losses and administrative expenses as some items of expenses were no longer incurred or were considerably reduced during the nine months ended 31 December 2020 such as the loss on disposal of subsidiaries and legal and professional fee for disposal of subsidiaries for the nine months ended 31 December 2019 respectively; (iii) the decrease in administrative expenses due to subsidy obtained from the government’s employment support scheme; and (iv) partially offset by the decrease in revenue and gross profit for the nine months ended 31 December 2020 compared to the nine months ended 31 December 2019.

As the Company is in the process of finalising the results of the Group for the nine months ended 31 December 2020, the information contained in this announcement is only based on the preliminary review by the Board with reference to all information currently available to the Board and the unaudited consolidated management accounts of the Group, which have neither been confirmed nor audited by the Company’s auditors or reviewed by the audit committee of the Company, and is therefore subject to necessary adjustments. The actual results of the Group for the nine months ended 31 December 2020 may differ from the information contained in this announcement. Shareholders and potential investors are advised to refer to the results announcement of the Company for the nine months ended 31 December 2020, which is expected to be published on or around 9 February 2021.

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Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

Yours faithfully By order of the Board EFT Solutions Holdings Limited Lo Chun Kit Andrew Chairman

Hong Kong, 4 February 2021

As of the date of this announcement, the Board comprises executive Directors Mr. Lo Chun Kit Andrew and Mr. Lo Chun Wa; non-executive Directors Ms. Lam Ching Man and Mr. Lui Hin Weng Samuel; and independent non-executive Directors Dr. Wu Wing Kuen, B.B.S., Mr. Tso Ping Cheong Brian and Mr. Wong Ping Yiu.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange 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 Stock Exchange’s website at www.hkexnews.hk and the GEM website at www.hkgem.com on the “Latest Company Announcements” page for at least seven days from the date of its posting and be posted on the website of the Company at www.eftsolutions.com.

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