The board of Health and Happiness (H&H) International Holdings Limited announced that on June 13, 2023, the company entered into the Purchase Agreement with the Initial Purchasers in connection with the issue of USD 58,207,000 13.5% Senior Notes due 2026. Date: June 13, 2023. Parties to the Purchase Agreement: (a) the Company as the issuer of the New Notes; (b) the Subsidiary Guarantors as guarantors of the New Notes; and Deutsche Bank AG, Hong Kong Branch, Goldman Sachs (Asia) L.L.C., The Hongkong and Shanghai Banking Corporation Limited, China CITIC Bank International Limited, Mashreqbank psc, Industrial Bank Co.

Ltd. Hong Kong Branch, Coöperatieve Rabobank U.A., Hong Kong Branch and Standard Chartered Bank (collectively, the Initial Purchasers) as the Initial Purchasers of the New Notes.