General Announcement::Issuance of Convertible Notes and Non-Listed Warrants - Allotment and Issuance of 4,166,666 Shares

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PROPOSED ISSUANCE OF CONVERTIBLE NOTES AND NON-LISTED WARRANTS

• ALLOTMENT AND ISSUANCE OF 4,166,666 NEW SHARES
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Unless otherwise defined, all capitalised terms used in this announcement shall have the same meanings as ascribed to them in the Company's announcements dated 31 March 2021, 23 April 2021 and 16 September 2021 ("Announcements") in relation to the proposed issuance of convertible notes and non- listed warrants ("Proposed Issue").

Further to the Announcements, the Board wishes to announce that, pursuant to the terms of the Share Lending Deed, the Company had, on 5 October 2021, allotted and issued 4,166,666 new ordinary shares in the capital of the Company ("New Shares") to the Lender, as repayment of the same number of Lent Shares used for delivering the 4,166,666 Conversion Shares to the Subscriber, upon the conversion of ten (10) Issued Notes by the Subscriber.

Following the allotment and issuance of the New Shares, the total number of issued Shares of the Company increased from 2,570,614,815 Shares to 2,574,781,481 Shares. The New Shares are issued free from all pledges, liens, security interests and other encumbrances whatsoever and rank pari passu in all respects with and carry all rights similar to the existing issued Shares.

The New Shares are expected to be listed and quoted on the Catalist of the SGX-ST with effect from 9.00 a.m. on 7 October 2021. The AIP is not to be taken as an indication of the merits of the Proposed Issue, the Notes, the Warrants, the Conversion Shares, the Warrant Shares, the Company and/or its subsidiaries.

BY ORDER OF THE BOARD

Wijaya Lawrence

Chairman and President

5 October 2021

This announcement has been prepared by Wilton Resources Corporation Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("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 correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone [phone].