Value Convergence Holdings Limited — Capital/Financing Update 2021

Jan 28, 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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Value Convergence Holdings Limited

(Incorporated in Hong Kong with limited liability) Website: http://www.vcgroup.com.hk

(Stock Code: 821)

TERMINATION OF THE OPTION AGREEMENT

References are made to the announcements of Value Convergence Holdings Limited (the “ Company ”) dated 30 July 2020 and 5 August 2020, and the circular of the Company dated 1 September 2020 (the “ Circular ”) in relation to, among other things, the grant of Options under the Option Specific Mandate. Capitalised terms used herein, unless otherwise defined, shall have the same meanings as those defined in the Circular.

As disclosed in the Circular, the Option Period shall commence on the first Offer Date and expire on either the anniversary of the relevant Offer Date or the termination of any Consultancy Agreement, whichever shall be the earlier.

As Mr. Wei Dahang, being one of the Grantees, tendered his resignation as consultant of Success Health on 8 November 2020, no Options will be granted to the Grantees by the Company, and the Option Agreement is terminated accordingly.

By Order of the Board of Value Convergence Holdings Limited Fu Yiu Man, Peter Chairman & Executive Director

Hong Kong, 28 January 2021

As at the date of this announcement, the Board comprises four executive Directors, namely, Mr. Fu Yiu Man, Peter (Chairman), Mr. Lin Hoi Kwong, Aristo, Mr. Tang Hao and Mr. Cheng Tak Yiu, Simon; and three independent non-executive Directors, namely, Mr. Wong Chung Kin, Quentin, Mr. Wong Kam Choi, Kerry, MH and Mr. Siu Miu Man, Simon, MH.