MTQ CORPORATION LIMITED

(Company Registration No. 196900057Z)

(Incorporated in the Republic of Singapore)

ISSUE AND ALLOTMENT OF SHARES PURSUANT TO EXERCISE OF WARRANTS

The Board of Directors of MTQ CORPORATION LIMITED (the "Company") wishes to announce the following details relating to the exercise of warrants:

No. of Warrants held before conversion

15,440,423

No. of Warrants converted

50

No. of Warrants held after conversion

15,440,373

Date of allotment of New Shares

21 July 2021

Purpose of Allotment

Conversion of Warrants (MTQ

Corporation Limited W230417)

Expected Date and Time of listing of New Shares

23 July 2021, 9.00 a.m.

No. of issued shares (excluding 188,303 treasury shares

216,149,280

as at 21 July 2021) after the allotment

Amount of issued and paid-up share capital (excluding

S$49,448,442.29

S$41,761.53 held as treasury shares as at 21 July 2021)

after the allotment

By Order of the Board

Tan Lee Fang

Company Secretary

21 July 2021

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Disclaimer

MTQ Corporation Limited published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 09:58:06 UTC.