Change - Change in Corporate Information::Strike off of subsidiary - Cafe Montigo Pte. Ltd.

(Company Registration No. 200415164G)

(Incorporated in Singapore)

(the "Company")

STRIKE OFF OF SUBSIDIARY,

CAFE MONTIGO PTE. LTD.

The Board of Directors (the "Board") of KOP Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce that its indirect 60%-owned subsidiary, Cafe Montigo Pte. Ltd. ("CAFEM") has been struck off from the Register of Companies pursuant to Section 344 of the Companies Act, Chapter 50.

CAFEM is dormant and the striking off of CAFEM will streamline the structure of the Group.

The striking off of CAFEM is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the financial year ending 31 March 2022.

None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the aforesaid transaction, save for their shareholdings in the Company.

BY ORDER OF THE BOARD

Ong Chih Ching

Executive Chairman and Executive Director

16 December 2021

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by 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. Khong Choun Mun, Registered Professional, 6 Raffles Quay, #24-02, Singapore 048580, [e-mail].