Hatcher Group Limited — Capital/Financing Update 2023

Mar 16, 2023

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.

HATCHER GROUP LIMITED 亦辰集團有限公司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8365)

VOLUNTARY ANNOUNCEMENT COMMENCEMENT OF NEW BUSINESS ACTIVITY

This announcement is made by Hatcher Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis. The purpose of this announcement is to keep the shareholders of the Company (the “ Shareholders ”) and potential investors informed of the latest business development of the Group.

The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to inform the Shareholders and potential investors that the Group intends to commence new business activity involving advising on overseas corporate finance activities, which may include advising on cross border listing on stock exchanges in Australia and the United Kingdom and/or other recognised overseas stock exchanges as well as advising on other cross border Merger and Acquisition transactions (“ New Business Activity ”).

The Company is an investment holding company and the Group is principally engaged in (i) licensed business on the provision of corporate finance advisory services, placing and underwriting services and asset management services; and (ii) non-licensed business on the provision of environmental, social and governance advisory services, business consultancy services, corporate secretarial services, accounting and taxation services, risk management and internal control advisory services and human resources services in Hong Kong. Taking into consideration of, among others, the expertise possessed by the management of the Company in the financial services industry, the Board is of the view that the New Business Activity can utilize such expertise to diversify the income stream of the Group. It is expected that the New Business Activity can generate additional investment returns on the available funds of the Group from time to time. Accordingly, the Board is of the view that the commencement of the New Business Activity will be in the interest of the Company and its Shareholders as a whole. The Group intends to finance the New Business Activity by its own internal resources.

By Order of the Board Hatcher Group Limited Hui Ringo Wing Kun Executive Director

Hong Kong, 16 March 2023

— 1 —

As at the date of this announcement, the Directors of the Company are:

Executive Directors:

Mr. Li Man Keung Edwin (Executive Chairman)

Mr. Hui Ringo Wing Kun

Mr. Yeung Chun Yue David (Vice Chairman)

Independent Non-executive Directors:

Mr. William Robert Majcher

Mr. Ho Lik Kwan Luke

Mr. Lau Pak Kin Patric

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 of Hong Kong Limited 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 website at www.hkexnews.hk on the “Latest Listed Company Information” page for at least 7 days from the date of its posting. This announcement will also be published and remains on the Company’s website at www.hatcher-group.com.

• for identification purpose only

— 2 —