EForce : SUPPLEMENTAL ANNOUNCEMENT TO THE ANNUAL REPORT OF THE COMPANY FOR THE YEAR ENDED 31 DECEMBER 2018

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eFORCE HOLDINGS LIMITED

意 科 控 股 有 限 公 司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 943)

SUPPLEMENTAL ANNOUNCEMENT

TO THE ANNUAL REPORT OF THE COMPANY

FOR THE YEAR ENDED 31 DECEMBER 2018

References are made to the annual report of eForce Holdings Limited (the "Company", together with its subsidiaries, the "Group") for the year ended 31 December 2018 (the

• Annual Report") and the circular of the Company dated 6 October 2017 (the "Circular") in relation to the rights issue on the basis of four rights shares for every one existing share held on the record date (the "Rights Issue").

The board of directors of the Company (the "Board") would like to provide further information to the Annual Report to update on the actual use of proceeds from the Rights Issue pursuant to paragraph 11(8) of Appendix 16 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Listing Rules"). The net proceeds from the Rights Issue amounted to approximately HK$310.4 million. As at 31 December 2017, approximately HK$288.9 million of the net proceeds from the Rights Issue have been utilised as intended and the remaining balance of the net proceeds of approximately HK$21.5 million was intended to use for the Group's money lending business. As at 31 December 2018, the remaining balance of the net proceeds of approximately HK$21.5 million has been utilised for the Group's money lending business, which was consistent with the plan as disclosed in the Circular.

•   For identification purpose only

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The supplementary information provided in this announcement does not affect other information contained in the Annual Report and, save as disclosed above, the contents of the Annual Report remain unchanged.

By order of the Board

eForce Holdings Limited

Liu Liyang

Executive Director and Chief Executive Officer

Hong Kong, 24 October 2019

As at the date of this announcement, the Board comprises four executive directors, namely Mr. Leung Chung Shan, Mr. Tam Lup Wai, Franky, Mr. Liu Liyang and Mr. Chan Tat Ming; and three independent non-executive directors, namely Mr. Hau Chi Kit, Mr. Leung Chi Hung and Mr. Li Hon Kuen.

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