hmvod Limited announced that pursuant to Rules 18.48A and 18.49 of the GEM Listing Rules, the Company is required to publish an announcement in relation to the 2022 Audited Annual Results not later than three months after the end of the financial year of the Company, that is on or before 30 June 2022. However, the Company could not reach a consensus with Elite Partners in respect of the audit fee of the Company for the year ended 31 March 2022 and Elite Partners resigned as the Auditor on 30 June 2022. On 22 July 2022, Moore Stephens was appointed as the Auditor and started the audit procedures on the same date.

The Directors of the Company to update Shareholders that publication of the announcement in relation to the 2022 Audited Annual Results will be delayed as additional time is required by the Auditor to complete the audit work towards the 2022 Audited Annual Results. Upon completion of the audit work by the Auditor, the Company will publish an announcement containing the 2022 Audited Annual Results and despatch the 2022 Annual Report as soon as practicable which, based on current estimates of the Board and subject to the actual auditing process, will take place on or before 16 September 2022. Due to the delay in the publication of the 2022 Audited Annual Results, the publication of the first quarterly results announcement for the three months ended 30 June 2022 and the first quarterly report for the same period will be postponed to a later date after the publication of the announcement of the 2022 Audited Annual Results.