Placements::Receipt of LQN for Placement of the Placement Shares in Singapore under the General Mandate

LHN Limited 10 Raeburn Park #02-18 Singapore 088702 www.lhngroup.com

(Company Registration No.: 201420225D)

(Incorporated in the Republic of Singapore on 10 July 2014)

THE PLACEMENT OF 6,500,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.3351 PER PLACEMENT SHARE

- RECEIPT OF THE LISTING AND QUOTATION NOTICE FROM THE SGX-ST

Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings ascribed to them in the Company's announcement dated 10 June 2021 ("Placement Announcement").

The board of directors (the "Board") of LHN Limited (the "Company", together with its subsidiaries, the "Group") refers to the Placement Announcement.

Further to the Placement Announcement, the Board is pleased to announce that the SGX-ST has, by way of a listing and quotation notice issued on 16 June 2021 (the "LQN"), granted its in-principle approval for the listing and quotation of up to 6,500,000 new ordinary shares (the "Placement Shares") subject to compliance with the SGX-ST's listing requirements.

The LQN is not an indication of the merits of the Placement Shares, the Company and/or its subsidiaries.

Pursuant to the LQN, the Placement Shares have to be placed out within seven (7) market days from the date of the LQN.

A separate announcement will be released by the Company upon the allotment and issuance of the Placement Shares.

By Order of the Board

Lim Lung Tieng

Executive Chairman and Group Managing Director

16 June 2021