Sinolink Worldwide Holdings Limited announced that it has entered into Subscription Agreement to issue Convertible Bonds for an aggregate principal amount of HKD 200,000,000 on April 30, 2024. The bonds are convertible into 2,352,941,176 common shares at a conversion price of HKD 0.085 per share. The company shall be entitled at its sole discretion, by giving not less than seven days?

notice to the holder of the Convertible Bonds,propose to the holder of the Convertible Bonds to redeem the whole or any part of the outstanding Convertible Bonds in multiples of HKD 500,000 or such lesser amount as may represent the entire principal amount thereof) at any time after the date of issue of the Convertible Bonds up to and including the date falling seven days immediately before the maturity date of the Convertible Bonds. The company has paid issuance expenses of HKD 700,000 and the estimated net proceeds from the issue of the Convertible Bonds will be approximately HKD 199,300,000.