hmvod Limited — Capital/Financing Update 2023

Aug 2, 2023

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

==> picture [60 x 35] intentionally omitted <==

hmvod Limited hmvod 視 頻 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

FURTHER EXTENSION OF LONG STOP DATE IN RELATION TO PLACING OF CONVERTIBLE BONDS UNDER GENERAL MANDATE

Reference is made to the announcement of hmvod Limited (the “ Company ”) dated 28 June 2023, 4 July 2023 and 19 July 2023 in relation to the placing of convertible bonds under general mandate (collectively referred to as the “ Announcements ”). Capitalized terms used herein shall have the same meanings as those defined in the Announcements unless the context otherwise requires.

Pursuant to the CB Placing Agreement and the supplemental agreement dated 19 July 2023 (the “ First Supplemental Agreement ”), the Completion of the CB Placing shall take place on the date on which all the conditions precedent of the CB Placing (the “ Conditions ”) having been satisfied or waived. If the Conditions shall not have been fulfilled by 2 August 2023, the CB Placing Agreement shall be terminated and of no effect.

As additional time is required for the fulfillment of certain Conditions under the CB Placing Agreement, the Company and the Placing Agent entered into the second supplemental agreement (the “ Second Supplemental Agreement ”) on 2 August 2023 to extend the Long Stop Date to 16 August 2023.

Save as disclosed above, all other terms and conditions of the CB Placing Agreement remain unchanged and in full force and effect in all respects.

As the CB Placing may or may not proceed, Shareholders and potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company.

By order of the Board hmvod Limited Ho Chi Na Executive Director

Hong Kong, 2 August 2023

– 1 –

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Ms. Ho Chi Na

Ms. Wong Tsz Ki

Mr. Chong Tung Yan Benedict

Independent non-executive Directors:

Mr. Chan Chi Ching

Mr. Tsang Hing Bun Mr. Hung Cho Sing B.B.S.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules 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 GEM website at www.hkgem.com on the “Latest Company Announcements” page for seven days from the day of its posting and on the website of the Company at www.hmvod.com.

– 2 –