Employee Stock Option/ Share Scheme::Grant of Share Options pursuant to Valuetronics ESOS 2017

VALUETRONICS HOLDINGS LIMITED

(Incorporated in Bermuda)

(CompanyRegistration Number 38813)

(the "Company")

DISCLOSURE IN COMPLIANCE WITH RULE 704(29) OF THE LISTING MANUAL - GRANT OF SHARE OPTIONS UNDER THE RULES OF THE VALUETRONICS EMPLOYEE SHARE OPTION SCHEME 2017 (the "Valuetronics ESOS 2017")

The Company has today granted share options to subscribe for ordinary shares in the share capital of the Company (the "Grant").

The Grant was made pursuant to the Valuetronics ESOS 2017, details of which are set out below:-

1. Date of Grant
2. Number of Options Granted
3. Exercise Price of Options Granted

• 7 December 2021
• 1,890,000 share options
• 1,890,000 share options at the price of S$0.530 for each share option, being the average of the last dealt prices for the Company's shares on the Singapore Exchange Securities Trading Limited over the 5 consecutive market days immediately preceding the date of grant of the share options

1. Market Price of the Company's Shares on the Date of Grant
2. Validity Period of the Options Granted

Number of Options Granted to:-

1. (i) Persons who are Directors of the Company
2. 1. Persons who are both Directors and Controlling Shareholders of the Company
   2. Persons who are Associates of Directors and/or Controlling Shareholders of the Company

By Order of the Board

Tse Chong Hing

Chairman and Managing Director

7 December 2021

• S$0.535 per share
• (i) 500,000 share options will be exercisable during the period from 8 December 2023 to 7 December 2031 (both dates inclusive)
• 1. 1,390,000 share options will be exercisable during the period from 8 December 2024 to 7 December 2031 (both dates inclusive)
• Nil
• Nil
• Nil

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