Cash Dividend/ Distribution::Mandatory

NOEL GIFTS INTERNATIONAL LTD.

(Company Registration No. 198303940Z)

(Incorporated in the Republic of Singapore)

NOTICE OF RECORD DATE AND DIVIDEND PAYMENT DATE

NOTICE IS HEREBY GIVEN that, subject to the approval of the shareholders of Noel Gifts International Ltd. (the "Company") to the dividend being obtained at the Annual General Meeting to be held on 27 October 2021 ("AGM"), the Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 1 November 2021 for the purpose of determining shareholders' entitlements to the final dividend of S$0.003 per ordinary share (one-tier tax exempt) and a special dividend of S$0.027 per ordinary share (one-tier tax exempt) (the "Dividends").

Duly completed and stamped registrable transfers in respect of ordinary shares not registered in the name of The Central Depository (Pte) Ltd ("CDP"), together with all relevant documents of title thereto, received by the Company's Share Registrar, RHT Corporate Advisory Pte. Ltd., at 30 Cecil Street, #19-08 Prudential Tower, Singapore 049712 up to 5.00 p.m. on 1 November 2021 will be registered to determine shareholders' entitlements to the Dividends.

Members whose securities accounts with CDP are credited with ordinary shares as at 5.00 p.m. on 1 November 2021 will be entitled to the Dividends. In respect of shares in securities accounts with CDP, the Dividends will be paid by the Company to CDP which will, in turn, distribute the Dividends to such holders in accordance with its normal practice.

Payment of the Dividends, if approved at the forthcoming AGM, will be made on 9 November 2021.

By Order of the Board

Ong Beng Hong

Lee Yuan

Joint Company Secretaries

Singapore, 12 October 2021