The Board announced that on 8 August 2023, the Expert Systems Holdings Limited (company) entered into the Framework IT Product Agreement with ServiceOne International, pursuant to which the Relevant Group agreed to sell, and the ServiceOne Group agreed to purchase, the IT Products for a term commencing from 8 August 2023 to 31 March 2026. The Annual Cap for the transactions contemplated under the Framework IT Product Agreement for each of the three years ending 31 March 2024, 2025 and 2026 is HKD 4,000,000. Pricing policy: The prices for the IT Products shall be determined from time to time by the parties on arm's length basis and normal commercial terms and with reference to the selling prices of the same or similar IT Products sold by the Relevant Group to the Independent Third Parties, provided that the terms shall be no less favourable to the Relevant Group than the terms offered by the Relevant Group to the Independent Third Parties for the sale of the same or similar IT Products at such time.

Payment terms: The Relevant Group and the ServiceOne Group shall separately enter into specific purchase orders under the Framework IT Product Agreement to specify, among other things, the mode and terms of payment, determined by the parties on arm's length basis and on normal commercial terms, provided that the payment terms shall be no less favourable to the Relevant Group than the payment terms offered by the Relevant Group to the Independent Third Parties for the sale of the same or similar IT Products at such time.