Geotech Holdings Ltd. — M&A Activity 2018

Dec 31, 2018

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint 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 joint announcement.

This joint announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

Star Merit Global Limited Geotech Holdings Ltd. 星優環球有限公司 致浩達控股有限公司 (Incorporated in British Virgin Islands with limited liability) (Incorporated in the Cayman Islands with limited liability) (Stock code: 1707)

(Incorporated in British Virgin Islands with limited liability)

JOINT CLARIFICATION ANNOUNCEMENT

Reference is made to the composite offer and response document (the “ Composite Document ”) jointly issued by Geotech Holdings Ltd. (the “ Company ”) and Star Merit Global Limited (the “ Offeror ”) dated 20 December 2018. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Composite Document.

The Offeror would like to provide further disclosure of certain information which had not been included in the Composite Document, but is required to be so included in accordance with Schedule I of the Takeovers Code to the Shareholders.

The Offeror confirms that as at the Latest Practicable Date, there was no agreement, arrangement or understanding that any securities acquired in pursuance of the Offer will be transferred, charged or pledged to any other persons.

Save as stated above, all information set out in the Composite Document remains unchanged.

By order of the board of director of Star Merit Global Limited Chen Zhi Sole director

By order of the Board of Geotech Holdings Ltd. Yau Kin Wing Sino Chairman

Hong Kong, 31 December 2018

As at the date of this joint announcement, Mr. Chen Zhi is the sole director of the Offeror. As the sole director of the Offeror, Mr. Chen Zhi accepts full responsibility for the accuracy of the information contained in this joint announcement (other than that relating to the Vendors and the Group) and confirms, having made all reasonable inquiries, that to the best of his knowledge, opinions expressed in this joint announcement (other than that expressed by the Vendors, the Directors and the Group) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement, the omission of which would make any statements in this joint announcement misleading.

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The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this joint announcement, other than that relating to the Offeror and parties acting in concert with it, and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than that expressed by the Offeror) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement, the omission of which would make any statements in this joint announcement misleading.

As at the date of this joint announcement, the executive Directors are Mr. Chen Zhi, Mr. Kung Ho Man, Ms. Tang Ka Wa Danise and Mr. Yau Kin Wing Sino (Chairman), and the independent non-executive Directors are Mr. Cheung Wai Lun Jacky, Mr. Chow Chun To, Mr. Fung Chi Kin, Mr. So Wai Man and Mr. Wei Qianjiang.

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