Perfect Shape Medical : PROPOSED CHANGE OF COMPANY NAME

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

PERFECT SHAPE MEDICAL LIMITED

必 瘦 站 醫 學 美 容 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1830)

PROPOSED CHANGE OF COMPANY NAME

The board (the "Board") of directors (the "Directors") of Perfect Shape Medical Limited (the "Company") proposes to change the English name of the Company from "Perfect Shape Medical Limited" to "Perfect Medical Health Management Limited" and to change the dual foreign name of the Company from "必瘦站醫學美容有限公司" to "完美醫療健康管理有限

公司" (the "Proposed Change of Company Name").

CONDITIONS OF THE PROPOSED CHANGE OF COMPANY NAME

The Proposed Change of Company Name is subject to the following conditions:

(1) the passing of a special resolution by the shareholders of the Company (the

1. "Shareholders") to approve the Proposed Change of Company Name at the forthcoming extraordinary general meeting of the Company (the "EGM"); and

2. the Registrar of Companies in the Cayman Islands (the "Registrar") granting approval for the Proposed Change of Company Name.

Subject to the satisfaction of the conditions set out above, the Proposed Change of Company Name will take effect from the date on which the certificate of incorporation on change of name is issued by the Registrar. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong pursuant to Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).

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REASONS FOR THE PROPOSED CHANGE OF COMPANY NAME

The Board considers that the Proposed Change of Company Name will better reflect the current status of the Group's business development in medical healthcare business and better enhance the corporate image.

The Board believes that the new company name will benefit the Company's future business development and is in the best interests of the Company and the Shareholders as a whole.

EFFECT OF THE PROPOSED CHANGE OF COMPANY NAME

The Proposed Change of Company Name will not affect the rights of any Shareholder or the Company's daily business operation and its financial position. All existing share certificates of the Company in issue bearing the existing name of the Company will, upon the Proposed Change of Company Name becoming effective, continue to be valid evidence of legal title to the shares of the Company and will continue to be valid for trading, settlement, registration and delivery purposes.

Accordingly, there will not be any arrangement for the free exchange of the existing share certificates for new certificates bearing the new English name and the new dual foreign name of the Company. Upon the Proposed Change of Company Name becoming effective, all new share certificates issued thereafter will bear the new names of the Company and the securities of the Company will be traded on the Stock Exchange in its new names.

In addition, subject to the confirmation by the Stock Exchange, the English and Chinese stock short names of the Company for trading in the securities on the Stock Exchange will also be changed after the Proposed Change of Company Name becoming effective.

The Company will make further announcement(s) to inform the Shareholders of the results of the EGM, the effective date of the Proposed Change of Company Name, the new English and Chinese stock short names of the Company under which the Shares will be traded on the Stock Exchange in due course upon the Proposed Change of Company Name becoming effective.

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GENERAL

The Company will convene the EGM in accordance with the requirements under its memorandum and articles of association. A circular containing further details of the Proposed Change of Company Name and a notice convening the EGM will be despatched to the Shareholders as soon as practicable.

By order of the Board

Perfect Shape Medical Limited

So Hin Lung

Company Secretary

Hong Kong, 20 April 2021

As at the date of this announcement, the Board comprises Dr. Au-Yeung Kong, Ms. Au-Yeung Wai, and Ms. Au-Yeung Hung as executive directors of the Company and Ms. Hsu Wai Man, Helen, Ms. Cho Yi Ping and Mr. Chi Chi Hung, Kenneth as independent non-executive directors of the Company.

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