Best World International : Off-Market Equal Access Share Buyback Offer - Extension Of Offer Period

BEST WORLD INTERNATIONAL LIMITED

(Company Registration Number: 199006030Z)

(Incorporated in the Republic of Singapore)

OFF-MARKET EQUAL ACCESS SHARE BUYBACK OFFER - EXTENSION OF OFFER PERIOD

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. EXTENSION OF OFFER PERIOD

1. Further to 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, in response to requests from certain shareholders, the Offer Period has been extended by 2 weeks to give Shareholders more time to process their acceptance of the Equal Access Offer. Accordingly, the Equal Access Offer shall close at 5.30 p.m. (Singapore time) on 28 February 2022 (the "Closing Date").
2. The indicative timetable in the Offer Letter is revised as follows:

Event	Date and Time

Closing Date

Final time and date for receipt of the Acceptance Forms

Announcement of acceptances in respect of the Equal Access Offer

Payment to Shareholders for Shares tendered pursuant to the Equal Access Offer

28 February 2022

5.30 p.m. on the Closing Date

Before 9.00 a.m. on 8 March 2022

8 March 2022

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

10 February 2022