SDAI LIMITED — Capital/Financing Update 2025

Aug 7, 2025

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SDAI LIMITED

(Company Registration No. 201107179D) (Incorporated in Republic of Singapore on 25 March 2011)

CLARIFICATION ON ANNOUNCEMENT OF ENTRY INTO REDEEMABLE LOAN AGREEMENTS

1. INTRODUCTION

The board of directors (the “ Board ” or “ Directors ”) of SDAI Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) refers to the Company’s announcement dated 6 August 2025 titled “Entry into Redeemable Loan Agreements” (the “ Announcement ”).

Unless otherwise defined, all capitalised terms in this announcement shall have the same meaning ascribed to them in the Announcement.

2. CLARIFICATION ON THE ANNOUNCEMENT

The Board wishes to clarify that the details of TKJ should read as follows instead: -

TKJ is an existing shareholder of the Company holding 814,700 Shares, or 0.19% of the Company’s existing issued and paid-up capital.

Save for his existing shareholding (direct) in the Company, being a minority shareholder in OOWAY Technology Pte. Ltd., an associate company of the Group, and being an acquaintance of Mdm Hao Dongting (the Executive Chairperson of the Company), to the best of the knowledge of the Directors, TKJ does not have any other connection (including business relationship) with the Group, the Company, its Directors and substantial shareholders of the Company (“ Substantial Shareholders ”) or any of their respective associates.

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

3. FURTHER UPDATES

The Company will make further announcement(s) in relation to the Redeemable Loan Agreements, as and when appropriate.

Notwithstanding that the Shares in the Company have been suspended from trading on the SGXST since 12 July 2021, shareholders and potential investors of the Company are advised to read this announcement and any further announcements by the Company carefully. Shareholders and potential investors of the Company are advised to refrain from taking any action in respect of their securities in the Company which may be prejudicial to their interests and to exercise caution when dealing in the securities of the Company. In the event of any doubt, shareholders and potential investors of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

By Order of the Board of SDAI Limited

Mdm Hao Dongting Executive Chairperson 7 August 2025

This announcement has been reviewed by the Company’s sponsor, ZICO Capital Pte. Ltd. (the “ Sponsor ”).

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Yang Zhenni, ZICO Capital Pte. Ltd. at 77 Robinson Road, #0603 Robinson 77, Singapore 068896, telephone: (65) 6636 4201.