Time Interconnect Technology : CHANGE OF VENUE AND SUPPLEMENTAL INFORMATION FOR THE ANNUAL GENERAL MEETING TO BE HELD ON 28 AUGUST 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1729)

CHANGE OF VENUE AND SUPPLEMENTAL INFORMATION

FOR THE ANNUAL GENERAL MEETING

TO BE HELD ON 28 AUGUST 2020

Reference is made to the circular (the "Circular") and notice (the "Notice") of annual general meeting (the "AGM") of Time Interconnect Technology Limited (the "Company") both dated 23 July 2020 and the form of proxy (the "Proxy Form"), in relation to the AGM of the Company to be held at Conference Hall 01 & 02, G/F, Core Building 1, No. 1 Science Park East Avenue, Hong Kong Science Park, Shatin, Hong Kong on Friday, 28 August 2020 at 2:30 p.m.

Under the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation 2020 (Chapter 599G of the Laws of Hong Kong) (the "Regulation"), group gatherings of more than 20 persons for a shareholders' meeting are required to be accommodated in different rooms or partitioned areas, each accommodating not more than 20 persons.

In view of the Regulation, the board of directors of the Company (the "Board") hereby announces that, the venue of the AGM will be changed to Boardroom, Unit 601, 6/F,

Photonics Centre, 2 Science Park East Avenue, Hong Kong Science Park, Shatin, Hong Kong.

Save for the change of venue of the AGM, all the information and contents set out in the Circular, the Notice and the Proxy Form, including, among others, the date and the time of the AGM, the book closure periods for the Register of Members and the resolutions to be considered at the AGM, remain unchanged. The Proxy Form remains valid for the AGM and the shareholders of the Company (the "Shareholders") who have already lodged their Proxy Form are not required to re-submit them if they have already done so.

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Hybrid Meeting

In light of the COVID-19 pandemic and to safeguard Shareholders' health and safety, Shareholders will have the option to attend the AGM to be held on Friday, 28 August 2020 online in addition to the traditional physical attendance. The Company will conduct a hybrid AGM, which allows Shareholders to participate the AGM online in a convenient and efficient way from anywhere with an internet connection. Shareholders will be able to view the live video broadcast and participate in voting and submit questions in written form to the AGM via their mobile phones, tablet, or computers. The live broadcast option can also broaden the reach of the AGM to Shareholders who do not wish to attend physically due to concerns on attending large scale events under the current COVID-19 situation. The personalized login user name and password will be sent to Shareholders for online participation under a separate letter around one week before the AGM.

For the beneficial owners with shares held through banks, brokers, custodians or the Hong Kong Securities Clearing Company Limited who would like to attend the AGM in person or online, they should consult directly with their banks or brokers or custodians (as the case may be) for necessary arrangement.

How to attend and vote?

Shareholders who wish to attend the AGM and exercise their voting rights can be achieved in one of the following ways:

1. attend the AGM in person and vote via smartphones or designated mobile devices at the AGM venue;
2. attend the AGM online which enables live streaming and interactive platform for Q&A and vote online; or
3. appoint the Chairman of the AGM or other persons as your proxy to vote on your behalf.

Your proxy's authority and instruction will be revoked if you attend and vote in person at the AGM or online.

For Corporate Shareholders who wish to attend the AGM and to vote online, please contact the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited at (852) 2975 0928 no later than 3 days before the AGM for arrangement.

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For health and safety reasons, Shareholders are reminded that physical attendance is not necessary for the purpose of exercising their voting rights. The Company encourages Shareholders, to consider joining the AGM through the Internet and voting online, or to appoint the Chairman of the AGM as their proxy to vote on the relevant resolutions at the AGM, by completing and returning the Proxy Form as previously advised, instead of attending the AGM in person.

As announced in the Circular and in view of the government guidelines, there will be no refreshments, no food and beverage service, and no handing out of corporate gifts or gift coupons at the AGM. Shareholders are reminded that they should carefully consider the risks of attending the AGM, taking into consideration their own personal circumstances. Shareholders attending the AGM in person are expected to comply with all precautionary measures as set out in the Circular. The Company reserves the right to deny entry into or require any person to the leave the AGM venue if any person declines to adhere to any of the precautionary measures or to cooperate with staff of the Company.

Subject to the continuing development of COVID-19, the Company may be required to adopt further changes to the AGM arrangements at short notice. Shareholders are advised to check the websites of the Company (www.time-interconnect.com) and The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) for any further announcement(s) and information relating to the AGM.

By order of the Board

Time Interconnect Technology Limited

Cua Tin Yin Simon

Executive Director and Chief Executive Officer

Hong Kong, 12 August 2020

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Cua Tin Yin Simon and Mr. Wong Chi Kuen, one non-executive Director, namely Mr. Lo Chung Wai Paul and three independent non-executive Directors, namely Mr. Ho Hin Shun, Mr. Luk Wai Shing and Mr. Chan Chung Shun Eric.

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