Interested Person Transaction::PROPOSED ACQUISITION - EXTENSION OF DEADLINE FOR MASTER LICENCE AGREEMENT AND ADDITIONAL DEPOSIT

ALPHA DX GROUP LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No: 200310813H)

PROPOSED ACQUISITION OF AN EXCLUSIVE PERPETUAL TERRITORIAL LICENSE FROM ERC INSTITUTE PTE. LTD.

- EXTENSION OF DEADLINE FOR MASTER LICENCE AGREEMENT AND ADDITIONAL DEPOSIT

Unless otherwise defined, all capitalised terms shall bear the same meanings of the Company's announcement dated 18 November 2021 in relation to, amongst others, the proposed acquisition of an exclusive perpetual territorial license from ERC Institute Pte. Ltd. ("Proposed Acquisition").

The Board of Directors (the "Board") of Alpha DX Group Limited (the "Company" together with its subsidiaries, the "Group") refers to the Addendums entered between Invictus Academy, Inc (the "Purchaser") and ERC Institute Pte. Ltd. (the "Seller") dated 30 September 2021 and 1 October 2021 for the Proposed Acquisition. The Purchaser and the Seller have mutually agreed in writing to extend the deadline in the Master Licence Agreement and Additional Deposit from 31 January 2022 to 31 March 2022.

The Company is currently in the process of finalising the documents required for the circular. The circular and the notice of extraordinary general meeting will be despatched to Shareholders of the Company in due course.

The Company will keep Shareholders updated via announcements on the SGXNet as and when there are any material updates in relation thereto.

Shareholders and potential investors of the Company are advised to read this announcement and further announcements by the Company carefully. Shareholders 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 should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

BY ORDER OF THE BOARD

ALPHA DX GROUP LIMITED

Tan Wee Sin

Company Secretary

28 January 2022

This Announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, [e-mail].