DISA Limited

(Company Registration No. 197501110N)

(Incorporated in the Republic of Singapore)

("Company" and together with its subsidiaries, the "Group")

GRANT OF OPTIONS PURSUANT TO THE DISA EMPLOYEE SHARE OPTION SCHEME 2021

The board of directors (the "Board") of the Company wishes to announce that on 6 December 2021, the Company has made an offer on grant of options pursuant to the DISA Employee Share Option Scheme 2021. Details of the grant of options are as follow:

Date of Grant

6 December 2021

Exercise price of options granted

S$0.001 per share

The exercise price is based on market price, which is the weighted average of the last-dealt price for a share of the Company over the five (5) consecutive trading days immediately preceding the date of grant of options, as determined by reference to the daily Official List published by the SGX-ST.

Number of options granted

210,500,000

Market price (last done price) of shares on date

of grant

S$0.001

Number of options granted to each director and

controlling shareholder (and each of their

associates), if any

Name of Associate

Number of Options

Chng Weng Huat (1)

10,000,000

Validity period of options

Each option, if accepted, shall be exercisable, in

whole or in part, after twelve (12) months from

Date of Grant of options but before one hundred

and twenty (120) months from Date of Grant of

options.

  1. Chng Weng Huat is the sibling of the Company's CEO and Managing Director, Chng Weng Wah.

BY ORDER OF THE BOARD

Chng Weng Wah

Managing Director/Chief Executive Officer

6 December 2021

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Ong Hwee Li (Registered Professional, SAC Capital Private Limited)

Address: 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Telephone number: +65 6232 3210

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DISA Limited published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 00:11:07 UTC.