Kato Hong Kong : CLARIFICATION ANNOUNCEMENT REGARDING CERTAIN MEDIA REPORTS

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Kato (Hong Kong) Holdings Limited

嘉濤（ 香 港 ）控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2189)

CLARIFICATION ANNOUNCEMENT

REGARDING CERTAIN MEDIA REPORTS

This announcement is published on a voluntary basis by Kato (Hong Kong) Holdings Limited ("Company" and its subsidiaries, the "Group").

The Company notes that various media platforms have reported recently that a residential care home for the elderly ("RCHE") named Longevity Palace (松山府邸), the operating address of which is at Portion of G/F, Whole 1/F & Portion of 2/F, Yee On Court, No. 79A-K Waterloo Road, Mongkok, Kowloon, Hong Kong ("Longevity Palace") had dispensed wrong medication to residents and incidents of rat infestation was discovered.

The Company hereby makes the following statements and clarifications to prevent the shareholders of the Company and potential investors of the Company from being misled:

1. although Longevity Palace bares similar Chinese name as one of the Group's RCHE, namely, Pine Villa (康城松山府邸), the operating address of which is at Portion of Level 5, The Capitol, Lohas Park Road, Tseung Kwan O, New Territories, Hong Kong, Longevity Palace is not a RCHE of the Group; and
2. as at the date of this announcement, the Group has no relationship whatsoever with Longevity Palace.

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The Board collectively and individually accepts responsibility for the accuracy of this announcement.

By order of the Board

Kato (Hong Kong) Holdings Limited

Kwong Kai To

Chairman and non-executive Director

Hong Kong, 22 September 2020

As at the date of this announcement, the executive Directors are Ms. Ngai Ka Yee and Mr. Ngai Shi Shing Godfrey; the non-executive Directors are Mr. Kwong Kai To, Mr. Cheng Man Tak Richard and Mr. Poon Kai Kit Joe; and the independent non-executive Directors are Ms. Chiu Lai Kuen Susanna, Mr. Or Kevin and Mr. Wong Vinci.

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