BetterLife Holding Limited informed the shareholders of the Company (the "Shareholders'') that there may be a delay in the release of the unaudited interim results for the six months ended 30 June 2023 (the "2023 Interim Results'') as additional time is required for the review procedures in connection with the 2023 Interim Results to be completed in the circumstances as set out below. Mr. Chou Patrick Hsiao-Po (``Mr. Chou''), the chairman, executive Director and chief executive officer of the Company, has taken leave from his work at the Group since the end of June 2023. As informed by Mr. Chou's family, Mr. Chou has not been available to attend to the Group's affairs due to his health conditions. To the extent necessary to perform their day-to-day work, the management of the Group has been communicating with and taking instructions from Mr. Chou through his family, but has had no direct contact with Mr. Chou to confirm his status. As at the date of this announcement, other than the possible delay in the release of the 2023 Interim Results as detailed below, the
management is not aware of any material impact of Mr. Chou's absence on the Group's operations. As part of the preparation and review of the 2023 Interim Results, certain procedures involving Mr. Chou could not be completed without his direct, in-person participation (including attending any interview with the external auditor). As a result, neither the
audit committee nor the external auditor of the Company is in a position to report on their review of the 2023 Interim Results and it is expected that the Company may not be
able to publish the 2023 Interim Results on or before 31 August 2023. The Company will continue to liaise with Mr. Chou and his family for his cooperation in this regard, and
will publish the 2023 Interim Results as soon as possible after the review of the 2023 Interim Results is completed.