General Announcement::COMPLETION ANNOUNCEMENT RELATING TO THE DISCLOSEABLE TRANSACTIONS

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AGILE GROUP HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3383)

COMPLETION ANNOUNCEMENT

RELATING TO THE DISCLOSEABLE TRANSACTIONS IN RELATION TO THE INVESTMENT IN WM GROUP

Reference is made to the announcement of Agile Group Holdings Limited (the ''Company'') dated 30 November 2021 (the ''Announcement'') relating to the discloseable transactions in relation to the investment in WM Group. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as ascribed to them in the Announcement.

COMPLETION OF THE TRANSACTIONS

The Board is pleased to announce that completion of the exercise of the Option under the Option Agreement took place on 15 December 2021. Upon completion of the Transactions, the Company ceases to hold any interest in Apollo Future, and the Company is interested in approximately 4.58% of the share capital of the Target Company.

FURTHER INFORMATION OF THE TARGET COMPANY AND WM GROUP

As of the date of this announcement, Mr. Shen Hui, one of the Founders, is the controlling shareholder (as defined under the Listing Rules) of the Target Company.

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The Target Company is the investment holding company of the WM Group subsidiaries. Through WM Motor Global and WFOE, the Target Company holds approximately 75.4% equity interest of WM Shanghai, and WM Shanghai is an indirect non-wholly owned subsidiary of the Target Company.

By Order of the Board

Agile Group Holdings Limited

CHEUNG Lap Kei

Company Secretary

Hong Kong, 15 December 2021

As at the date of this announcement, the Board comprises twelve members being Mr. Chen Zhuo Lin* (Chairman and President), Mr. Chan Cheuk Yin** (Vice Chairperson), Madam Luk Sin Fong, Fion** (Vice Chairperson), Mr. Chan Cheuk Hung*, Mr. Huang Fengchao*, Mr. Chen Zhongqi*, Mr. Chan Cheuk Hei**, Mr. Chan Cheuk Nam**, Dr. Cheng Hon Kwan#, Mr. Kwong Che Keung, Gordon#, Mr. Hui Chiu Chung, Stephen# and Mr. Wong Shiu Hoi, Peter#.

• Executive Directors
• Non-executiveDirectors

• Independent Non-executive Directors

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