Stock Split/ Subdivision::Mandatory

SAMURAI 2K AEROSOL LIMITED

(Company Registration Number 201606168C)

(Incorporated in the Republic of Singapore)

PROPOSED SHARE SPLIT OF EVERY ONE (1) EXISTING ORDINARY SHARE IN THE CAPITAL

OF SAMURAI 2K AEROSOL LIMITED INTO THREE (3) ORDINARY SHARES

• COMPLETION OF SHARE SPLIT

1. INTRODUCTION
   The Board of Directors (the "Board") of Samurai 2K Aerosol Limited (the "Company", together with its subsidiaries, the "Group") refers to the announcements dated 28 May 2021, 15 June 2021 and 16 June 2021 and the circular to Shareholders dated 1 June 2021 (the "Circular") in relation to the proposed share split of every one (1) existing Share in the capital of the Company held by Shareholders into three (3) Shares (the "Share Split"). Unless otherwise defined herein, all capitalised terms herein shall have the meanings ascribed to them in the Circular.
2. COMPLETION OF SHARE SPLIT
   The Board is pleased to announce that pursuant to the completion of the Share Split, the Company now has an issued and paid-up share capital of S$19,732,622 comprising 334,619,787 Shares, the listing of which has commenced with effect from 9.00 a.m. today, 25 June 2021.
   The Register of Members of the Company and the Depository Register have been updated to reflect the number of Shares on a post-Share Split basis held by each Shareholder based on the number of Shares held by that Shareholder as at the Record Date on 24 June 2021 at 5.00 p.m..
   Each Share ranks pari passu with the other Shares.

3. ALLOCATION OF NEW STOCK CODE Y8E

The Company also wishes to announce that the SGX-ST has, in accordance with its practice, delisted the Company's existing stock code - 1C3 - and issued a new, randomly generated, stock code to the Company - Y8E. All Shares in the Company have been debited from the old stock code and credited to the new stock code.

By Order of the Board

Ong Yoke En

Executive Director and Chief Executive Officer

25 June 2021

This announcement has been prepared by Samurai 2K Aerosol Limited (the "Company") and its contents have been reviewed by UOB Kay Hian Private Limited (the "Sponsor") for compliance with the

relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone [phone].