FATFISH GROUP LIMITED — Capital/Financing Update 2021

Feb 2, 2021

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Fatfish Group Limited (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia

www.fatfish.co

3 February 2021

ASX and Media Announcement

Fatfish’s Investee Smartfunding’s Buy-Now-Pay-Later To Launch Soon

Highlights:

• Smartfunding completes development of its online platform for Buy-nowPay-Later (BNPL) Programme for Corporate

• Smartfunding’s BNPL to launch on 18 February 2021

• Smartfunding is 78.7% owned by Fatfish

Reference is made to Fatfish Group Limited’s (“ FFG ” or the “ Company ”) announcement dated 25 November 2020 and 10 December 2020 regarding FFG’s investee company Smartfunding Pte. Ltd.’s (“ Smartfunding ”) plans to launch of a Buy-Now-Pay-Later Financing Programme (“ BNPL ”) for corporates in Southeast Asia via Smartfunding.

FFG is pleased to update that Smartfunding has completed the development of its online platform in preparation for the roll out of its BNPL service. The platform is now undergoing final testing, and the new BNPL service is targeted to be launched in Singapore on 18 February 2021 .

To recap, FFG holds an approximately 78.7% stake in Smartfunding, of which 19.9% stake is held directly; and the remaining 58.8% is held via FFG’s Swedish subsidiary Abelco Investment Group AB.

This announcement has been authorised by the Board of Directors of FFG.

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About Fatfish Group Limited

Fatfish Group Limited ( ASX: FFG ) is a publicly traded tech venture firm with investments in the Southeast Asia and Nordic European region. FFG partners with entrepreneurs to build tech businesses via a co-entrepreneurship model. FFG focuses on emerging global technology trends, specifically FFG has been investing

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Fatfish Group Limited (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia

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www.fatfish.co

strategically across various sectors of video-games, esports, fintech and consumer internet technologies.

FFG owns a majority stake in publicly-traded Abelco Investment Group AB ( NGM: ABIG ), which is traded on the Swedish exchange, Nordic Growth Market.

FFG and Abelco operate from innovation hubs located in Singapore, Kuala Lumpur and Stockholm.

For more details, please contact:

ir@fatfish.co or visit www.fatfish.co

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