Waiver::RESULTS OF APPLICATION TO THE SGX-ST FOR EXTENSION OF TIME TO RELEASE FY2021 FINANCIAL STATEMENTS

KITCHEN CULTURE HOLDINGS LTD.

(Company Registration No: 201107179D)

(Incorporated in the Republic of Singapore on 25 March 2011)

RESULTS OF APPLICATION TO THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED FOR EXTENSION OF TIME TO RELEASE THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021

Unless otherwise specified, all capitalised terms shall have the same meaning ascribed to them in the Announcement (as defined below).

The Board of Directors (the "Board") of Kitchen Culture Holdings Ltd. (the "Company" and together with its subsidiaries, the "Group") refers to the Company's announcement dated 27 August 2021 (the "Announcement") in relation to the Company's application to the SGX-ST for a 2-month extension of time under Rule 705(1) of the Catalist Rules to release its unaudited financial statements for FY2021 by 29 October 2021 (from the initial deadline of 29 August 2021).

1. GRANT OF EXTENSION OF TIME

The Board wishes to inform that the SGX-ST has on 14 September 2021 informed that it has no objection to the Company's application for a 2-month extension (i.e. by 29 October 2021) for the Company to announce its unaudited financial statements for FY2021 (the "Waiver"), subject to the following:

1. the Company announcing the Waiver granted, the reasons for seeking the Waiver, the conditions as required under Rule 106 of the Catalist Rules and if the Waiver conditions have been satisfied. If the Waiver conditions have not been met on the date of the announcement, the Company must make an update announcement when the conditions have all been met; and
2. submission of a written confirmation from the Company that it is not aware of any information that will have a material bearing on investors' decision which has yet to be announced by the Company.

The Company has provided the written confirmation required under paragraph 1(ii) to the SGX- ST on 15 September 2021.

Accordingly, the Company confirms that the Waiver conditions under paragraphs 1(i) and 1(ii) have been met as at the date of this announcement.

1. REASONS FOR SEEKING THE WAIVER
   Please refer to the Announcement for the reasons for seeking the Waiver.
2. CONFIRMATIONS BY THE COMPANY
   The Company confirms that it is not aware of any information (including but not limited to financial information) that will have a material bearing on investors' decision which has yet to be announced by the Company.

The Company confirms that it does not contravene any laws and regulations governing the Company and the constitution of the Company arising from the Waiver. The Company will make an immediate disclosure via SGXNET if such contravention arises.

By Order of the Board

Hao Dongting

Non-Executive Chairperson

16 September 2021

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). It 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 Ms. Lee Khai Yinn (Tel [phone]), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.