The Board of Vestate Group Holdings Limited announced that the publication of the 2021 Audited Results will be further delayed due to additional time required by the Auditor to perform and complete the audit work, primarily due to finalizing the impairment assessment on certain financial assets and obtaining certain audit confirmations. Accordingly, the Company was unable to publish the 2021 Audited Results, nor despatch the 2021 Annual Report on or before 31 January 2022, as expected in the announcement dated 31 December 2021. The Company has been using its best endeavours to assist the Auditors to complete the audit work.

Due to the delay in the publication of the 2021 Annual Results, the Company was unable to publish its 2021 Interim Results within the prescribed timeline as specified under the Listing Rules. The Company will publish further announcement to inform the Shareholders and potential investors of the date of publication of the 2021 Interim Results as soon as possible after the publication of the 2021 Annual Results.