IDT International Limited announced that pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Reference is made to the announcements of the Company dated 31 March 2023, 3 April 2023 and 7 July 2023 (collectively, the "Announcements") in relation to, among others, the delay in publication of the annual results (the "2022 Annual Results") of the Company for the year ended 31 December 2022 (the "Year") and the suspension of trading of the shares of the Company. Reference is also made to the announcement of the Company dated 19 May 2023 in relation to, among others, the resumption guidance given by the Stock Exchange.

As disclosed in the Announcements, the publication of the Annual Results of the Company for the Year had been delayed, and trading of the shares of the Company on the Stock Exchange has been suspended with effect from 9:00 a.m. on 3 April 2023. As at the date of this announcement, the audit work for the Year has not yet commenced as the Group has not completed the sort-out of financial and business related accounts. The Company has been urging its employees to make various preparations for the resumption of business and operations, and communicating with the auditors about the specific plans for the commencement of audit work, so that the audit work for the Year can be commenced as soon as possible.

The Group expects to pay the audit fee and commence audit work by end of September 2023 and publish the 2022 Annual Results by end of December 2023. Pursuant to Rule 13.49(1) of the Listing Rules, the Company is required to publish the 2022 Annual Results no later than three months after the end of the financial year (i.e., on or before 31 March 2023). The Board acknowledges that delay in publishing the announcement in relation to the 2022 Annual Results constitutes non-compliance with Rule 13.49(1) of the Listing Rules.