Reliance Global Holdings Limited on dated 2 January 2020 in relation to the Placing of the Notes with an aggregate principal amount of up to HKD 300,000,000; the announcement of the Company dated 15 January 2020 in relation to the successful placing of the first tranche of the Notes in the aggregate principal amount of HKD 50,000,000; and the announcements of the Company dated 26 June 2020, 31 December 2020, 25 June 2021 and 22 June 2022 in relation to the extension of the Placing Period (collectively, the "Announcements"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements. Owing to the improvement in investor sentiment following the full relaxation of anti-epidemic measures in Hong Kong, it is agreed between the Company and the Placing Agent that it is beneficial to allow extra time in conducting the placing exercise.

Accordingly, on 23 June 2023, the Company and the Placing Agent entered into a fifth extension letter to further extend the Closing Date (that is the last day of the Placing Period) under the Placing Agreement (as supplemented by the extension letters dated 26 June 2020, 31 December 2020, 25 June 2021 and 22 June 2022) from 30 June 2023 to 31 December 2024. Save for the extension of the Closing Date, all the other terms and conditions of the Placing Agreement shall remain the same.