REPL::Annual Reports and Related Documents::

220 1 A N N U A L R E P O R T

Mary Chia Holdings Limited ("MCH" and together with her subsidiaries, the "Group) remains one of Singapore's leading lifestyle and wellness service providers. Listed on the SGX-ST Catalist since 11 August 2009, the Group has grown from strength to strength with wellness centres under the brand names "Mary Chia", "Urban Homme", "Masego", "Huang Ah Ma", "Organica", "Scinn Medical Centre", "Dr Scinn", "Monsoon Hair House", "M Nature", "M+", "Hatsuga", and "Dr Moto Hair Aesthetic Clinic".

As announced on 24 November 2020, MCH's wholly-owned subsidiary, M2 Group Pte. Ltd. completed the acquisition of an 80% stake in 5 companies under the Monsoon Hairdressing Group ("Monsoon") for a total consideration of approximately S$3.0 million.

Brands under the Group's umbrella serve strategic market segments such as discerning women, metropolitan males, thematic relaxation for families, traditional oriental wellness therapies for tourists and PMEBs, growing demand for gold standard non-invasive face augmentation, cutting edge laser therapies, solution-based medical spa treatments, and top-notch hair couture with premium services.

The Group's core services can be broadly categorised into beauty and facial services, slimming services, spa and wellness therapies, medical aesthetic services, wellness products, skincare products, haircare services, scalp therapies, hair care products and investment. "MU" is the Group's skincare arm that distributes skincare and wellness products, both consumable and topically, to all wellness and lifestyle centres under its umbrella, while "Organica" range of premium products are marketed through its extensive direct selling network.

The Group will continue to display tenacity, strong leadership and nimbleness during this challenging period.

This annual report has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor").

This annual report has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this annual report, including the correctness of any of the statements or opinions made, or reports contained in this annual report.

The contact person for the Sponsor is Ms Charmian Lim, at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542, telephone [phone].

C O N T E N T S

MARY CHIA BEAUTY & SLIMMING SPECIALIST,	1
URBAN HOMME FACE & BODY STUDIO FOR MEN
MU PRODUCTS, MASEGO THE SAFARI SPA, HUANG AH MA	2
SCINN MEDICAL, DR SCINN AESTHETICS , MCU BEAUTITUDES	3
ORGANICA	4
M GROUP & MONSOON	5
LIVE STREAMING	6
FINANCIAL AND OPERATIONS REVIEW	7
MESSAGE FROM THE CHAIRMAN AND CEO	9
BOARD OF DIRECTORS	10
KEY MANAGEMENT	11

O U R P R O F I L E

Mary Chia Beauty & Slimming Specialist Pte Ltd is a Singapore-based beauty and wellness facility with a reputation for providing high-quality skincare, body contouring therapies, and wellness detoxication treatments to women. Mary Chia advocates that every woman is beautiful. The brand aims to elevate the voices of women regardless of their race, age, sexuality, religion and ability, to help shape an inclusive therapeutic environment and create a space where women can embrace their own beauty and be truly who they are.

On International Women's Day 2021, Mary Chia is honoured to partner with Dr Chen Ming Li of AIA and Ms Annie Chan, the President of The International Women's Federation of Commerce and Industry, who shared with us their experiences and stories of how they reached the pinnacle of success to inspire and empower females around the world.

The Ministry of Social and Family Development has dedicated 2021 as the Year of Celebrating SG which is timely as we many women stepped up during Singapore's circuit breaker in 2020. They struggled to juggle work and employment and look after the family, including their children and home-based learning needs following the nationwide closures of schools, workplaces and childcare facilities. Hence this Mothers' Day we spoke to working mums such as singer Rachel Chua, prominent socialite Nina Ng and our CEO Wendy Ho who candidly inspired us with their triumphs, joys and challenges as a mum, wife, daughter and entrepreneur during this period.

Urban Homme Face and Body Studio for Men is a pioneering business in Singapore that specializes in professional skincare and physique management services for men. The brand oers a wide range of clinically veried and validated skincare and weight-loss programs. The most convincing evidence of Urban Homme's skill can be seen in the successful real-life makeovers of men who placed their trust in us.

As a brand, we are constantly evolving to meet the needs of our customers, either in bringing in the latest in beauty and body aesthetic, and providing customers with a sense of familiarity that exudes calm and tranquility with elements of outdoor gardenscape. We have moved a step further in our continuous rebranding eort with the facelift of our wellness centre at Nex Mall that was unveiled to appreciative acclamation in October 2020.

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MCH has created a revolutionary product line in MU.

This comprehensive collection includes nutritional food supplements, as well as cosmetics and body care items, all aimed at combating and reversing the eects of aging.

In 2020, MU successfully launched CHOJU that is expertly curated help to achieve a good pH balance and support the immune system by removing excess toxins in order that essential nutrients can be absorbed in order to strengthen the overall immune system. CHOJU is the essence of total well being that harnesses the power of nature and Reishi - the food of longevity.

The successful introduction of CHOJU is followed by Quintessence. Quintessence harnesses the nutrients from the extraction of Sialic Acid and Peptide from 100% natural bird's nest. The formulation is further enhanced with Sakura Extract and Glutathione to optimise bodily immunity while stimulating cell growth proliferation that promotes regeneration of collagen to improve skin elasticity.

Masego The Safari Spa, located in SAFRA Jurong, is Singapore's rst and largest safari-themed spa. The 6,500-square-foot spa features 14 safari tents that may be rented for corporate gatherings and private occasions. Masego Spa focuses on providing clients with holistic massages and facials.

In 2021, scalp services are drafted to be part of Masego's services, making it a one-stop beauty and wellness hub.

Huang Ah Ma, is an oriental wellness centre located within Porcelain Hotel along Chinatown in Singapore. Decorated in traditional chinese artifacts and cultural relics that transport one back to ancient China, Huang Ah Ma oers spa lovers a relaxing haven catering to the needs of tourists and locals.

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Scinn Medical Centre is the synthesis of bespoke medical aesthetics and beauty therapies, guided by professional medical expertise to help its clients attain and achievable beauty ideal. Employing the latest in FDA-proven technologies, Scinn is focused on providing each client with a 360-degree experience to a better complexion and body shape. Scinn has recently relocated to a new 2,300 sq ft facility at TripleOne Somerset.

Scinn Medical Centre oers individualized treatments for a variety of skin and cosmetic concerns. Acne, pigmentation, wrinkles, dull skin, scars and markings, and sagging skin are some of the conditions that are successfully treated.

Scinn is led by Dr Tan Yan Yuan who is experienced in both aesthetic injectable and medical laser. His expertise is backed by the clinic's acquisition of advanced technology such as Fotona 4D laser. The Fotona 4D Laser Lift tightens the deeper skin and tissues of the lower and mid-face, as well as increases volume and suppleness. Appearance will continue to improve for up to 9-10 months after the treatment series is completed owing to collagen and elastin renewal.

Dr Tan graduated with a Bachelor of Medicine and Bachelor of Surgery from the National University of Singapore. After graduation, he acquired broad based training in Primary Care, Emergency Medicine, Dermatology, Oncology, Occupational Health, and Aesthetics after graduation.

Dr Tan actively participates in the latest local and international aesthetic conferences, to stay abreast of the latest aesthetic trends.

Dr Scinn Aesthetics is a medispa which oers treatments employing non-invasive and non-surgical procedures for dierent skin and body types.

Dr Scinn Aesthetics is one of the rst 5 centres in Singapore to launch the Venus Versa, a versatile, multi-application platform for non-invasive aesthetic procedures, including photorejuvenation/ photofacial, hair removal and skin resurfacing. Other procedures include chemical peel, face lifting, fat reduction, cryolipolysis, pigmentation removal and underarms whitening.

With our agship clinic located at Sunway Pyramid, adjacent to our Mary Chia Sunway Pyramid, the medical aesthetics centre is well-poised to address the demand for high quality medically proven aesthetics services demanded by both consumers residing in Kuala Lumpur, Malaysia as well as tourists and business travellers visiting this popular tourist destination in the Klang Valley.

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