Common use of INFORMATION OF THE GROUP AND THE LENDER Clause in Contracts

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan to the Customer is in the ordinary and usual course of business of the Group. The terms of the Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL and the Customer. The Directors consider that the grant of the Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Agreement are fair and reasonable and the entering into of the Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant of the Loan constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it will not consent to the disclosure of its identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its financial standing or repayment ability and thus will serve little purpose in assisting the Shareholders to evaluate its creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PLPCL, as the lender of the LoanFacility, is an indirect wholly-wholly- owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE FRAMEWORK LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant advance of the Loan Facility to the Customer is in the ordinary and usual course of business of the Group. The terms of the Framework Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL PCL and the Customer. The Directors consider that the grant advance of the Loan Facility is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Framework Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Framework Loan Agreement are fair and reasonable and the entering into of the Framework Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer Facility exceeds 5% but is less than 25%, the grant advance of the Loan Facility constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting advance of the Loan Facility is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it will not consent to the disclosure of its identity identities in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its financial standing or repayment ability and thus will serve little purpose in assisting the Shareholders to evaluate its creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.;

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PLCL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan to the Customer is in the ordinary and usual course of business of the Group. The terms of the Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL CL and the Customer. The Directors consider that the grant of the Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Agreement are fair and reasonable and the entering into of the Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant of the Loan constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it will not consent to the disclosure of its identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its financial standing or repayment ability and thus will serve little purpose in assisting the Shareholders to evaluate its their creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan to the Customer is in the ordinary and usual course of business of the Group. The terms of the Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL and the Customer. The Directors consider that the grant of the Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Agreement are fair and reasonable and the entering into of the Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant of the Loan constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it he will not consent to the disclosure of its his identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its his financial standing or repayment ability abilities and thus will serve little purpose in assisting the Shareholders to evaluate its the creditworthiness of the Customer and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- to-value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the LoanFacility, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE FRAMEWORK LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant advance of the Loan Facility to the Customer is in the ordinary and usual course of business of the Group. The terms of the Framework Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL and the Customer. The Directors consider that the grant advance of the Loan Facility is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Framework Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Framework Loan Agreement are fair and reasonable and the entering into of the Framework Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer Facility exceeds 5% but is less than 25%, the grant advance of the Loan Facility constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting advance of the Loan Facility is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it will not consent to the disclosure of its identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its financial standing or repayment ability abilities and thus will serve little purpose in assisting the Shareholders to evaluate its creditworthiness and the risks and exposure of the LoanFacility; and (iv) the Company has made alternative disclosures in respect of the Loan Facility in this announcement, including but not limited to the details of the collateral and the loan-to- to-value ratio of the collateral in respect of the LoanFacility, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan Facility as well as the repayment ability abilities of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan to the Customer is in the ordinary and usual course of business of the Group. The terms of the Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL and the Customer. The Directors consider that the grant of the Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Agreement are fair and reasonable and the entering into of the Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant of the Loan constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it she will not consent to the disclosure of its her identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its her financial standing or repayment ability and thus will serve little purpose in assisting the Shareholders to evaluate its her creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. Oi Wah Pawnshop, as the lender of the Existing Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN AGREEMENT AND THE EXISTING LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan and the Existing Loan to the Customer is are in the ordinary and usual course of business of the Group. The terms of the Loan Agreement were was negotiated on an arm’s length basis between Oi Wah PL and the Customer. The terms of the Existing Loan Agreement was negotiated on an arm’s length basis between Oi Wah Pawnshop and the Customer. The Directors consider that the grant of the Loan is and the Existing Loan are financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Agreement and the Existing Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Agreement and the Existing Loan Agreement are fair and reasonable and the entering into of the Loan Agreement is and the Existing Loan Agreement are in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant of the Loan constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. As (i) the Customer is the borrower of the Loan and the Existing Loan; and (ii) the Loan Agreement and the Existing Loan Agreement were entered into within a 12-month period, the transactions contemplated under the Loan Agreement and the Existing Loan Agreement are required to be aggregated pursuant to Rule 14.22 of the Listing Rules. As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the aggregate amount of the Loan and the Existing Loan exceeds 5% but is less than 25%, the grant of the Loan and the Existing Loan in aggregate still constitute a discloseable transaction of the Company under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan (which has been aggregated with the Existing Loan) is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it she will not consent to the disclosure of its her identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its her financial standing or repayment ability abilities and thus will serve little purpose in assisting the Shareholders to evaluate its the creditworthiness of the Customer and the risks and exposure of the Loan and the Existing Loan; and (iv) the Company has made alternative disclosures in respect of the Loan and the Existing Loan in this announcement, including but not limited to the details of the collateral and the loan-to- to-value ratio of the collateral in respect of the Loan and the Existing Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan and the Existing Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PLCL, as the lender of the Loan and the Existing Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE LOAN FACILITY AGREEMENT AND THE EXISTING FACILITY AGREEMENT Having taken into account the principal business activities of the Group, the grant of the Loan and the Existing Loan Agreement to the Customer Customers is in the ordinary and usual course of business of the Group. The terms of the Loan Facility Agreement and the Existing Facility Agreement were negotiated on an arm’s length basis between Oi Wah PL CL and the CustomerCustomers. The Directors consider that the grant of the Loan and the Existing Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Loan Facility Agreement and the Existing Facility Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer Customers and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Loan Facility Agreement and the Existing Facility Agreement are fair and reasonable and the entering into of the Loan Facility Agreement and the Existing Facility Agreement is in the interests of the Company and its shareholders Shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted is less than 5%m the grant of the Loan does not constitute a notifiable transaction of the Company under Chapter 14 of the Listing Rules. As the Customers are associated with each other and the Facility Agreement was entered into on a date within a 12-month period of the date of the Existing Facility Agreement, the transactions contemplated under the Existing Facility Agreement and the Facility Agreement are required to be aggregated pursuant to Rule 14.22 of the Customer Listing Rules. As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the aggregate amount of the Existing Loan and the Loan exceeds 5% but is less than 25%, the grant of the Existing Loan and the Loan constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity of the Customer is required to be disclosed. Since (i) the granting of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has confirmed to the Group that it will not consent to the disclosure of its identity in this announcement; (iii) the disclosure of the identity of the Customer does not reflect its financial standing or repayment ability and thus will serve little purpose in assisting the Shareholders to evaluate its creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.

INFORMATION OF THE GROUP AND THE LENDER. The Group is a financing service provider in Hong Kong mainly providing secured financing, including pawn loans and mortgage loans under the provisions of the Pawnbrokers Ordinance and the Money Lenders Ordinance. Oi Wah PL, as the lender of the Loan, is an indirect wholly-owned subsidiary of the Company. REASONS FOR THE ENTERING INTO OF THE FRAMEWORK LOAN AGREEMENT Having taken into account the principal business activities of the Group, the grant advance of the Loan to the Customer is in the ordinary and usual course of business of the Group. The terms of the Framework Loan Agreement were negotiated on an arm’s length basis between Oi Wah PL and the Customer. The Directors consider that the grant advance of the Loan is financial assistance provided by the Company within the meaning of the Listing Rules. The Directors are of the view that the terms of the Framework Loan Agreement were entered into on normal commercial terms based on the Company’s credit policy. After having taken into account the satisfactory financial background of the Customer and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Framework Loan Agreement are fair and reasonable and the entering into of the Framework Loan Agreement is in the interests of the Company and its shareholders as a whole. LISTING RULES IMPLICATIONS As one or more of the applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the amount of the Loan granted to the Customer exceeds 5% but is less than 25%, the grant advance of the Loan constitutes a discloseable transaction of the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules. Pursuant to Rule 14.58(2) of the Listing Rules, the identity identities of the Customer is and the Guarantors are required to be disclosed. Since (i) the granting advance of the Loan is not regarded as a material transaction of the Company as compared to the Company’s overall financial position; (ii) the Company has practical difficulties in complying with the aforesaid disclosure requirement as the Customer has and the Guarantors have confirmed to the Group that it they will not consent to the disclosure of its identity their identities in this announcement; (iii) the disclosure of the identity identities of the Customer and the Guarantors does not reflect its their financial standing or repayment ability abilities and thus will serve little purpose in assisting the Shareholders to evaluate its their creditworthiness and the risks and exposure of the Loan; and (iv) the Company has made alternative disclosures in respect of the Loan in this announcement, including but not limited to the details of the collateral secured Property and the loan-to- value ratio of the collateral in respect of the Loan, which would be much more meaningful for the Shareholders in assessing the risk and exposure of the Loan as well as the repayment ability abilities of the Customer, the Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from strict compliance with Rule 14.58(2) of the Listing Rules.