Sisram Medical Ltd — Earnings Release 2022

Nov 10, 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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RELIANCE GLOBAL HOLDINGS LIMITED 信保環球控股有限公司 *

(Incorporated in Bermuda with limited liability) (Stock code: 723)

PROFIT WARNING

This announcement is made by Reliance Global Holdings Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board of Directors (the “ Board ”) of the Company wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that based on a preliminary review of the unaudited management accounts of the Group for the six months ended 30 September 2021 (“ HY2021 ”), the Group expects to record a decrease in profit attributable to owners of the Company for HY2021 to approximately HK$8.5 million as compared to the profit attributable to owners of the Company for the six months ended 30 September 2020 (“ HY2020 ”) of approximately HK$21.1 million. The decrease in profit attributable to owners of the Company is mainly due to (i) the decrease in profit generated by the Group’s timber supply chain operation primarily owing to the decline in its revenue and the general rise in transportation and freight costs; (ii) the decrease in profit generated by the Group’s money lending operation primarily owing to the increase in impairment loss on loan receivables; and (iii) the increases in the Group’s administrative expenses and finance costs.

*For Identification purpose only

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The Company is in the process of finalising the interim results of the Group for HY2021. The information contained in this announcement is only based on a preliminary assessment by the Board according to the unaudited management accounts of the Group for HY2021 which have not been confirmed or reviewed by the Company’s auditor.

Further details of the Group’s financial results and performance will be disclosed in the interim results announcement of the Company for HY2021 which is expected to be announced before the end of November 2021.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board Reliance Global Holdings Limited Wang Jingyu Chairlady

Hong Kong, 10 November 2021

As at the date of this announcement, the Board comprises Ms. Wang Jingyu (Chairlady), Mr. Lai Ming Wai (Chief Executive Officer) and Ms. Chan Yuk Yee as Executive Directors and Mr. Yam Kwong Chun, Mr. Chiang Bun and Mr. Chai Chi Keung as Independent Non-executive Directors.

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