Matrix Holdings Limited announced pursuant to Rule 13.49(1) of the Listing Rules, the Company is required to publish the 2023 Annual Results no later than three months after the end of the financial year of the Company (that is on or before 31 March 2024). The Board informed shareholders of the Company that as the auditors of the Company require more time to complete their audit procedures and collect all the necessary supporting documents, therefore, the Company is not able to publish the 2023 Annual Results on or before 31 March 2024, as required by the Listing Rules. The delay in the publication of the 2023 Annual Results constitutes non-compliance with Rule 13.49(1) of the Listing Rules.

The Board has been using its best endeavours to provide all the documents and information required by the Auditors and working closely with the Auditors for completing the audit procedures as soon as possible. The 2023 Annual Results is expected to be published on or before 30 June 2024. Pursuant to Rule 13.49(3) of the Listing Rules, where an issuer is unable to publish annual results in accordance with Rule 13.49(1) of the Listing Rules, it must announce its results based on the financial results which have yet to be agreed with the Auditors (so far as the information is available).

The Board, after due and careful consideration, is of the view that it would not be appropriate for the Company to publish the unaudited consolidated management accounts of the Group for the financial year ended 31 December 2023 at this stage as such management accounts may not accurately reflect the financial performance and position of the Group and the publication of such management accounts may cause confusion and may be misleading to the Shareholders and potential investors of the Company. Pursuant to Rule 13.46(2) of the Listing Rules, the Company is required to dispatch the Annual Report for the financial year ended 31 December 2023 (the 2023 Annual Report) to the Shareholders not more than four months after the end of the financial year of the Company (that is on or before 30 April 2024). Due to the delay in the publication of the 2023 Annual Results, it is expected that there will be delay in the despatch of the 2023 Annual Report.

The delay in despatch of the 2023 Annual Report will constitute non-compliance with Rule 13.46(2) of the Listing Rules. It is expected that the 2023 Annual Report will be published shortly after the publication of the 2023 Annual Results.