OSL Group Limited — M&A Activity 2026

Jan 2, 2026

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.

OSL

OSL Group Limited

OSL集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 863)

COMPLETION OF MAJOR TRANSACTION IN RELATION TO THE PROPOSED ACQUISITION OF BANXA

Reference is made to (i) the announcement of OSL Group Limited (the "Company") dated 27 June 2025 in relation to the Proposed Acquisition of Banxa (the "Announcement"); (ii) the circular and EGM notice dated 30 September 2025; (iii) the poll results announcement of the EGM dated 22 October 2025; and (iv) the announcement in relation to the extension of Outside Date of the Arrangement Agreement dated 18 December 2025. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Announcement.

The Board is pleased to announce that all of the Conditions under the Arrangement Agreement have been satisfied or waived (as the case may be) and the completion of the Proposed Acquisition took place on 2 January 2026. Upon the completion of the Proposed Acquisition, Banxa has become an indirect wholly-owned subsidiary of the Company.

By Order of the Board

OSL Group Limited

Cui Song

Executive Director and Chief Executive Officer

Hong Kong, 2 January 2026

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. Yang Huan and Mr. Jia Hang.