The Board of Metropolis Capital Holdings Limited announce that on 15 February 2023 (after trading hours), the Loan Agreement was entered into between the Lender, an indirect wholly-owned subsidiary of the Company, and the Borrower. Pursuant to the Loan Agreement, the Lender has agreed to grant the Loan to the Borrower for a term of 6 months. On the same day, the Guarantee Agreement was also entered into between the Guarantor and the Lender, pursuant to which the Guarantor provided the Guarantee in favour of the Lender as a security for the Loan.

Date: 15 February 2023 (after trading hours) Lender: Metropolis Leasing, an indirect wholly-owned subsidiary of the Company Borrower: Shanghai Kechuang Culture Communication Co. Ltd. As at the date of this announcement, the Borrower is owned as to 99.8% by Mr. Jiang and 0.2% by Wu Xiaoyan, each an Independent Third Party Security: Pursuant to the Guarantee Agreement, the Guarantor provided the Guarantee in favour of the Lender as a security for the Loan Loan amount: RMB 4,600,000 (equivalent to approximately HKD 4,948,897) Interest rate: 12% per annum.