General Announcement::SUBMISSION OF APPLICATION TO TRANSFER LISTING FROM THE CATALIST TO THE MAINBOARD OF THE SGX-ST

REX INTERNATIONAL HOLDING LIMITED

(Company Number: 201301242M)

(Incorporated in the Republic of Singapore)

SUBMISSION OF APPLICATION TO TRANSFER LISTING

FROM THE CATALIST TO THE MAINBOARD OF THE SGX-ST

Unless otherwise defined, capitalised terms in this announcement shall have the same meaning given to them on the Company's announcement dated 19 October 2021 (the "Announcement"), in relation to, inter alia, the Company's intention to consider a proposed transfer (the "Proposed Transfer") of the listing of the Company from the Catalist Board of the Singapore Exchange Securities Trading Limited (the "SGX-ST") (the "Catalist") to the Mainboard of the SGX-ST (the "Mainboard").

The board of directors of Rex International Holding Limited (the "Company") wishes to announce that the Company has, on 2 December 2021, submitted an application to the SGX-ST in relation to the Proposed Transfer.

The Proposed Transfer is subject to, amongst others, the in-principal approval of the SGX-ST for the Proposed Transfer, the Company meeting all the relevant listing requirements applicable to the Proposed Transfer set out in Rule 408 of the Catalist Rules, and the approval of the Shareholders for the Proposed Transfer via a special resolution at an extraordinary general meeting to be convened. The Company will continue to update the Shareholders as and when there are material developments in respect of the Proposed Transfer.

Shareholders and potential investors are advised to read this announcement and any past and future announcements by the Company carefully when dealing with the Shares and securities of the Company as there is no certainty or assurance as at the date of this announcement that the relevant approvals for the Proposed Transfer will be obtained or if the Proposed Transfer will eventually be undertaken at all.

Shareholders and potential investors should consult their stockbrokers, bank managers, solicitors or other professional advisors if they have any doubt about the actions they should take or when dealing with their Shares or securities of the Company.

BY ORDER OF THE BOARD OF

Rex International Holding Limited

Dan Broström

Executive Director and Chairman

2 December 2021

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) 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 correctness of any of the statements or opinions made, or reports contained in this announcement. The Sponsor has also not drawn on any specific technical expertise in its review of this announcement.

The contact person for the Sponsor is Mr Pong Chen Yih, Chief Operating Officer, 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone [phone].