Waiver::GRANT OF EXTENSION OF TIME BY SGX TO RELEASE INTERIM UNAUDITED HY2021 RESULTS

DUTECH HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

Registration No. 200616359C

GRANT OF EXTENSION OF TIME BY SGX TO RELEASE INTERIM UNAUDITED HALF-YEAR FINANCIAL RESULTS FOR THE FINANCIAL PERIOD ENDED 30 JUNE 2021

1. The Board of Directors (the "Board") of Dutech Holdings Limited (the "Company", and together with its subsidiaries, the "Group") wishes to refer shareholders of the Company

("Shareholders") to:

1. the announcement dated 12 August 2021 ("12 Aug EOT Announcement") made by the
   Company in relation to the extension of time application to announce interim unaudited half-year financial results for the financial period ended 30 June 2021 ("HY2021 Results"); and
2. the announcement dated 17 August 2021 ("17 Aug EOT Update Announcement") made by the Company in relation to, inter alia, an update on SGX Extension Application (as defined in the 12 Aug EOT Announcement).

Unless otherwise defined, all capitalised terms not defined herein shall have the same meanings ascribed to them in the 12 Aug EOT Announcement.

2. The Company wishes to announce that, pursuant to an application made by the Company on 12 August 2021 to the SGX-ST for the Extension, the SGX-ST has on 14 September 2021 granted the Company an extension of time to 17 August 2021 ("Waiver"), subject to the conditions set out below.

1. the Company announcing the Waiver granted, the reasons for seeking the Waiver, the conditions as required under Mainboard Listing Rule 107 and if the Waiver conditions have been satisfied. If the Waiver conditions have not been met on the date of the announcement, the Company must make an update announcement when the conditions have all been met;
2. submission of a written confirmation from the Company that it is not aware of any information that will have a material bearing on investors' decision which has yet to be announced by the Company; and
3. The Board's confirmation that the Waiver will not be in contravention of any laws and regulations governing the Company and its constitution (or the equivalent in the Company's country of incorporation).

The Company is also required to make an immediate disclosure via SGXNet if it is/will be in contravention of any laws and regulations governing the Company and the constitution of the Company (or the equivalent in the Company's country of incorporation) arising from the Waiver.

The Exchange reserves the right to amend and/or vary the above decision and such decision is subject to changes in the Exchange's policies.

1. Reason for requiring the Extension
   As explained in the 12 Aug EOT Announcement and 17 Aug EOT Update Announcement, the Company was required to have its HY2021 Results reported on by its auditors in accordance with Rule 25.6(c) of the Code as the release of the HY2021 Results (which was due for release on 14 August 2021) falls within the Offer Period. In view of the close of Offer (at 5.30 pm (Singapore time) on 16 August 2021), the Company accordingly will not be engaging its auditors to report on its HY2021 Results.
   Written confirmation
   As set out in the 12 Aug EOT Announcement, the Company has submitted a written confirmation to the SGX RegCo that the Company confirms that the Company is not aware of any information that will have a material bearing on investors' decision which has yet to be announced by the Company and the Company will not be in contravention of any laws and regulations governing the Company and the Constitution of the Company as a result of the SGX Extension Application.
2. Accordingly, the Company wishes the inform Shareholders that the conditions set out in paragraph 2 above have all been met.
   Shareholders can refer to the HY2021 Results which had been published on SGXNet on 17 August 2021.

On behalf of the Board

Chester Leong

Company Secretary

15 September 2021