Walnut Capital Limited — Earnings Release 2020

Mar 15, 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.

GLOBAL MASTERMIND CAPITAL LIMITED 環球大通投資有限公司 [*]

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)

(Stock Code: 905)

PROFIT WARNING

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and Inside Information Provisions under Part XIVA of the SFO.

The Board wishes to inform the Shareholders and potential investors that, based on the preliminary review on the unaudited consolidated management accounts of the Group and the information currently available, the Group is expected to record a decrease in loss attributable to owners of the Company by approximately 75% to 85% for the year ended 31 December 2020 as compared to the audited loss for the year attributable to owners of the Company of approximately HK$91.3 million for the year ended 31 December 2019.

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

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

• For identification purposes only

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The board (the “ Board ”) of directors of the Company (the “ Directors ”) wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on the preliminary review on the unaudited consolidated management accounts and the information currently available, the Group is expected to record a decrease in loss attributable to owners of the Company by approximately 75% to 85% for the year ended 31 December 2020 compared with the audited loss attributable to owners of the Company of approximately HK$91.3 million for the year ended 31 December 2019. Such decrease is mainly attributable to a decrease in loss arising in change in fair value of financial assets at fair value through profit or loss.

Since the Company is still finalizing the annual results of the Group for the year ended 31 December 2020, the information contained in this announcement is only based on the preliminary assessment by the management of the Company in accordance with the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 and is not based on any figures or information which has/have been reviewed or audited by the auditors or reviewed by the audit committee of the Company. The actual annual results of the Group for the year ended 31 December 2020 may be different from what is disclosed in this announcement. The Shareholders and potential investors are advised to read carefully the annual results announcement of the Group for the year ended 31 December 2020, which will be published in due course.

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

By Order of the Board

GLOBAL MASTERMIND CAPITAL LIMITED MUNG KIN KEUNG Chairman

Hong Kong, 15 March 2021

As at the date of this announcement, the Board comprises two executive Directors, namely, Mr. MUNG Kin Keung (Chairman) and Mr. MUNG Bun Man, Alan; and three independent non-executive Directors, namely, Mr. FUNG Wai Ching, Mr. LEI Seng Fat and Mr. POON Wai Hoi, Percy.

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