Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

PERFECT SHAPE MEDICAL LIMITED

必 瘦 站 醫 學 美 容 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1830)

BUSINESS UPDATE

OPENING OF 20 "MEDICAL+BEAUTY" SERVICE CENTERS

Perfect Shape Medical Limited (the "Company", together with its subsidiaries, the "Group") wishes to provide a business update on the Company with the objective of enabling our shareholders and potential investors to appraise the Company's operational performance.

To fulfill the huge market demand for "Medical+Beauty" services, the Group will open 14 "Medical+Beauty" service centers in the first half of fiscal year 2022. These service centers will be strategically located in Hong Kong, Mainland China, Australia and Singapore, with total service area to be increased by 39.0% to over 322,000 ft2. In addition, the Group plans to open further 6 "Medical+Beauty" service centers in the second half of fiscal year 2022 in order to further expand the scope of the Group's medical-related business. Looking ahead, in the post-pandemic era, people will have higher health awareness. The Group will actively seek to boost the synergies among medical and healthcare related businesses in the Group, and build a one-stop "Medical+Beauty" platform to enhance customers' long term stickiness and lifetime value.

The Group continues to look into any medical-related merger and acquisition opportunities in Hong Kong, Australia, Singapore and Mainland China apart from greenfield developments.

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GENERAL

Subject to the market condition, the expansion plan may or may not proceed in the above manner. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board

Perfect Shape Medical Limited

So Hin Lung

Company Secretary

Hong Kong, 12 May 2021

As at the date of this announcement, the Board comprises Dr. Au-Yeung Kong, Ms. Au-Yeung Wai and Ms. Au-Yeung Hung as executive Directors and Ms. Hsu Wai Man, Helen, Ms. Cho Yi Ping and Mr. Chi Chi Hung, Kenneth as independent non-executive Directors.

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Perfect Shape Beauty Technology Limited published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 13:09:07 UTC.