OSL Group Limited — M&A Activity 2025

Jan 20, 2025

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.

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

OSL

OSL Group Limited

OSL集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 863)

VOLUNTARY ANNOUNCEMENT
COMPLETION OF ACQUISITION OF A LICENSED
CRYPTO ASSET EXCHANGE SERVICE PROVIDER IN JAPAN

Reference is made to the announcement of OSL Group Limited (the "Company", and together with its subsidiaries, the "Group") dated 4 November 2024 in relation to the Acquisition of CoinBest K.K., a licensed crypto asset exchange service provider in Japan (the "Announcement"). Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless otherwise defined.

The Board is pleased to announce that all the conditions precedent in the Share Purchase Agreement have been fulfilled and the completion of Acquisition took place on 17 January 2025. After the completion of the Acquisition, CoinBest K.K. became an indirect subsidiary of the Company.

By order of the Board of

OSL Group Limited

Cui Song

Executive Director and Chief Executive Officer

Hong Kong, 20 January 2025

As at the date of this announcement, the executive Directors are Mr. Cui Song, Mr. Tiu Ka Chun, Gary, Ms. Xu Kang and Mr. Yang Chao, the non-executive Director is Mr. Lee Kam Hung Lawrence and the independent non-executive Directors are Mr. Chau Shing Yim, David, Mr. Xu Biao and Mr. Yang Huan.