Lap Kei Engineering (Holdings) Limited — Capital/Financing Update 2021

May 4, 2021

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.

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Lap Kei Engineering (Holdings) Limited 立基工程（控股）有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1690)

CLARIFICATION ANNOUNCEMENT PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing Agent

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Silverbricks Securities Company Limited

Reference is made to the announcement of Lap Kei Engineering (Holdings) Limited (the ‘‘Company’’) dated 27 April 2021 (the ‘‘Announcement’’) in relation to the Placing under General Mandate. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board wishes to clarify that due to rounding issue, the Placing Price should be HK$0.061 per Share, which represents:

• (i) a discount of approximately 18.7% to the closing price of HK$0.075 per Share as quoted on the Stock Exchange on 27 April 2021, being the date of the Placing Agreement; and

• (ii) a discount of approximately 10.6% to the average closing price of approximately HK$0.0682 per Share as quoted on the Stock Exchange for the five consecutive trading days of the Shares immediately prior to the date of the Placing Agreement.

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Save as stated above, all other information contained in the Announcement remains unchanged.

By order of the Board LAP KEI ENGINEERING (HOLDINGS) LIMITED Mr. Wong Kang Kwong Chairman and Executive Director

Hong Kong, 4 May 2021

As at the date of this announcement, the executive directors of the Company are Mr. Wong Kang Kwong, Ms. So Nui Ho and Mr. Tang Chun Man Joseph; and the independent nonexecutive directors of the Company are Mr. Chung Yuk Ming, Christopher, Mr. Fok Ka Chi and Mr. Tam Chun Chung.

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