Hatcher Group Limited — Share Issue/Capital Change 2025

Nov 21, 2025

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This announcement appears for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

HATCHER GROUP LIMITED

亦辰集團有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 8365)

SUPPLEMENTAL ANNOUNCEMENT

PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing Agent

VBG 建泉融資有限公司
VBG Capital Limited

Reference is made to the announcement of Hatcher Group Limited dated 4 November 2025 relating to the placing of new shares under a general mandate (the "Announcement"). Unless the context requires otherwise, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board would like to further provide supplemental information in relation to the Placing.

CHANGE IN USE OF PROCEEDS

After considering the current needs of the Company, the Board resolved to revise the intended use of net proceeds of approximately HK$29.6 million from the Placing (the "Proceeds") as follows:

	Original intended use of Proceeds	Revised use of Proceeds	Expected timeline for utilising the Proceeds
Funding business development, including the enhancement of marketing for fin-tech, payment or related services	Nil	Approximately HK$9.87 million (approximately one-third of the Proceeds)	Within 12 months of completion of the Placing

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	Original intended use of Proceeds	Revised use of Proceeds	Expected timeline for utilising the Proceeds
Expansion of the corporate finance team by hiring additional professionals to increase the capacity for handling mandates in areas such as international mergers and acquisitions (M&A) and initial public offerings (IPO)	Nil	Approximately HK$9.87 million (approximately one-third of the Proceeds)	Within 12 months of completion of the Placing
General working capital of the Group (including office relocation costs, down payment, renovation and fit-out for the new headquarters)	Approximately HK$23.68 million (approximately 80% of the Proceeds)	Approximately HK$9.87 million (approximately one-third of the Proceeds)	Within 6 months of completion of the Placing
Marketing and investor relations fees of the Group	Approximately HK$5.92 million (approximately 20% of the Proceeds)	Nil	Not applicable

EXPECTED TIMELINE OF PLACING

Based on the negotiations between the Company and the Placing Agent, the Completion is expected to take place on or before 12 December 2025.

Shareholders and potential investors of the Company should note that the Completion is subject to the fulfillment of the conditions precedent under the Placing Agreement and the Placing may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the Shares.

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

Hong Kong, 21 November 2025

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

Executive Directors:

Mr. Li Man Keung Edwin (Executive Chairman)
Mr. Hui Ringo Wing Kun
Mr. Yeung Chun Yue David (Vice Chairman)

Non-executive Director:

Ms. Chan Hiu Shan

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 “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 will be published on the Company’s website at www.hatcher-group.com.

• for identification purposes only

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