Huitongda Network Co., Ltd. — Share Issue/Capital Change 2021

Aug 10, 2021

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CMMB VISION HOLDINGS LIMITED 中國移動多媒體廣播控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 471)

SUPPLEMENTAL ANNOUNCEMENT ON GRANT OF SHARE OPTIONS UNDER THE SHARE OPTION SCHEME

Reference is made to the announcement of CMMB Vision Holdings Limited (the “ Company ”) dated 28 June 2021 relating to the grant of Share Options (“ Announcement ”) and the circular dated 21 April 2021 (“ AGM Circular ”). Unless otherwise defined, capitalized terms used herein shall have the same meaning as defined in Announcement.

The Board wishes to provide the following additional information in respect of the grant of the Share Options:

Out of the 10,810,000 Share Options, a total of 4,320,000 Share Options were granted to six (6) consultants of the Company (the “ Consultants ”).

To the best knowledge of the Directors, the background of the Consultants are as follows:

Consultant A and B

Consultant A and B are independent third parties and have been acting in a consulting capacity to the Company and have played a significant role in procuring and facilitating the share placements of the Company for the year ended 31 December 2019 with total gross proceeds from share placements of approximately US$3,741,000 raised. Consultant A and B were each granted with 720,000 Share Options.

Furthermore, as disclosed in the AGM Circular, Consultant A and B were granted 2,724,000 Share Options on 4 September 2020 for acting in a consulting capacity to the Company and have played a significant role in procuring and facilitating the share placements of the Company for the year ended 31 December 2018 with total gross proceeds from share placements of approximately HK$148,770,000 (equivalent to US$19,033,000) raised.

Consultant C

Consultant C is an independent third party and has been working on the coordination with various Chinese-based entities to introduce and promote our satellite-mobile multimedia services for the year ended 31 December 2019. Consultant C was granted with 720,000 Share Options.

Consultant D and E

Consultant D and E are independent third parties and have played a significant role in procuring and facilitating the share placements of the Company that happened on 24 May 2021 with gross proceeds from share placements of approximately HK$20,343,000 (equivalent to US$2,608,000) raised. Consultant D and E were granted with 720,000 Share Options each respectively.

Consultant G

Consultant G is an independent third party, rendering corporate and financial advisory support to the Group to deal with financial institutions and regulators for various transactions during year 2021, including but not limited to response to questions raised during the financial due diligence process and other ad hoc proposals, such as the cooperation with Shanghai Huace Navigation Technology Limited (for details please refer to announcement of the Company dated 1 April 2021), and a potential acquisition (for details please refer to announcement of the Company dated 6 January 2021). Consultant G was granted with 720,000 Share Options.

None of the Consultants is a director, chief executive or substantial shareholder of the Company, or an associate (as defined in the Listing Rules) of any of them. None of the Consultants holds Share Options entitling them to subscribe for Shares exceeding 1% of the total issued Shares of the Company as at the date of grant.

By order of the Board CMMB Vision Holdings Limited Wong Chau Chi Chairman

Hong Kong, 10 August 2021

As at the date of this announcement, the executive director is Mr. WONG Chau Chi; the non-executive directors are Dr. LIU Hui, Mr. CHOU Tsan-Hsiung and Mr. YANG Yi; and the independent non-executive directors are Dr. LI Shan, Dr. LI Jun and Mr. CHOW Kin Wing.

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