iFAST Corporation Ltd. through its wholly-owned subsidiary, iFAST Malaysia Sdn. Bhd., had on 28 July 2023 incorporated an indirect wholly-owned subsidiary in Malaysia. Name of company: Bondsupermart Sdn.

Bhd. Country of incorporation: Malaysia. Issued and paid-up capital: MYR 1.00 comprising 1 ordinary share.

Principal activities: Investment holding. None of the directors or substantial shareholders has any interest in the aforementioned transactions, save for their interests arising by way of their directorships and/or direct and/or indirect shareholdings in the Company, as the case may be. The aforementioned transactions are not expected to have any material impact on the Group's earnings per share and net tangible asset for the financial year ending 31 December 2023.