Vobile : VOLUNTARY ANNOUNCEMENT - (1) COMPLETION OF ACQUISITION OF VIDEO WATERMARKING PATENTS AND TECHNOLOGIES; AND (2) APPOINTMENT OF CHIEF TECHNOLOGY OFFICER

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.

Vobile Group Limited 阜 博 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3738)

VOLUNTARY ANNOUNCEMENT

(1) COMPLETION OF ACQUISITION OF VIDEO WATERMARKING PATENTS

AND TECHNOLOGIES; AND

(2) APPOINTMENT OF CHIEF TECHNOLOGY OFFICER

This announcement is made by Vobile Group Limited (the ''Company'') on a voluntary basis.

COMPLETION OF ACQUISITION OF VIDEO WATERMARKING PATENTS AND TECHNOLOGIES

Reference is made to the announcement of the Company dated November 23, 2020 (the ''Announcement'') in relation to the acquisition of certain video watermarking patents and technologies from Verance Corporation. Capitalized terms used herein shall have the same meaning as those defined in the Announcement

The Board is pleased to announce that all conditions precedent under the agreement have been fulfilled and the acquisition of video watermarking patents and technologies has completed in accordance with the agreement.

APPOINTMENT OF CHIEF TECHNOLOGY OFFICER

The Board is pleased to announce that Dr. Jian Zhao (''Dr. Zhao'') was appointed as the Chief Technology Officer of the Company on March 1, 2021.

Dr. Zhao was Vice President of Advanced Technologies at Verance. Previously, he served as CTO - Thomson Software and Technology Solutions at Technicolor.

By Order of the Board Vobile Group Limited Yangbin Bernard Wang

Chairman

Hong Kong, March 4, 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Yangbin Bernard WANG and Mr. Michael Paul WITTE as executive directors; Mr. J David WARGO and Mr. WONG Wai Kwan as non-executive directors; and Mr. CHAN King Man Kevin, Mr. Derek CHANG, Mr. Alfred Tsai CHU and Mr. Charles Eric EESLEY as independent non-executive directors.