The Board of Directors of Combine Will International Holdings Limited announced that the Company has incorporated a wholly-owned subsidiary, with details set out below: Name,::, Combine Will (Singapore) Pte. Ltd., Place of Incorporation,: Singapore, Date of Incorporation,: 11 August 2023, Share Capital Incorporated with an initial nominal share capital of SGD 1.00, Percentage of Shareholding,: The Company, through its wholly-owned subsidiary Combine Will Holdings Limited, indirectly owns 100% of the shareholding interest in Combine Will (Singapore) Pte. Ltd., Principal Activities,: To undertake the Group's business in Southeast Asia.

The incorporation of Combine Will (Singapore) pte. Ltd. was funded through internal resources and is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the financial year ending 31 December 2023.