Best World International : Close Of Equal Access Share Buyback Offer

BEST WORLD INTERNATIONAL LIMITED

(Company Registration Number: 199006030Z)

(Incorporated in the Republic of Singapore)

CLOSE OF EQUAL ACCESS SHARE BUYBACK OFFER

Unless otherwise defined, capitalised terms herein shall bear the meanings given in the off-market equal access share buyback offer announcement dated 31 December 2021 (the "Equal Access Offer Announcement") and the offer letter in relation to the Equal Access Offer dated 17 January 2022 (the

"Offer Letter").

1. CLOSE OF EQUAL ACCESS SHARE BUYBACK OFFER

1. Further to the announcement of the extension of offer period dated 10 February 2022, the announcement of despatch of offer letter and acceptance forms dated 17 January 2022 and the Equal Access Offer Announcement dated 31 December 2021, the Board wishes to announce that the Equal Access Offer has closed at 5.30 p.m. (Singapore time) on 28 February 2022 (the Closing Date).
2. Accordingly, the Equal Access Offer is no longer open for acceptance. Any acceptances received after 5.30 p.m. (Singapore time) on the Closing Date will be rejected.
3. The Company will announce the total number of Share repurchased pursuant to the Equal Access Offer by 9.00 a.m. on 8 March 2022 and will arrange for payment to be made to successful Accepting Shareholders in accordance with the settlement procedures set out in the Appendix to the Offer Letter.

2. DIRECTORS' RESPONSIBILITY STATEMENT

2.1 The Directors (including those who have delegated detailed supervision of the preparation of this announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this announcement are fair and accurate and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly.

3. CAUTIONARY STATEMENT

1. Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders and potential investors should consult their stockbrokers, bankers, solicitors or other professional advisers if they have any doubt about the actions they should take.
2. Shareholders are further advised that this announcement serves as only an update to shareholders and does not constitute an offer.

By Order of the Board

BEST WORLD INTERNATIONAL LIMITED

Huang Ban Chin

Chief Operating Officer and Executive Director

28 February 2022

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