Vobile : VOLUNTARY ANNOUNCEMENT - BUSINESS COLLABORATION AGREEMENT

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Vobile Group Limited

阜 博 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3738)

VOLUNTARY ANNOUNCEMENT

BUSINESS COLLABORATION AGREEMENT

This announcement is made by Vobile Group Limited (the ''Company'') together with its subsidiaries, (the ''Group'') on a voluntary basis.

The board of directors (the ''Board'') of the Company is pleased to announce that a subsidiary of the Company, has signed a business collaboration agreement with E-Surfing Media Co., Ltd. (''E-Surfing Media'') to establish a copyright protection and transaction platform as well as to provide video content copyright distribution via revenue sharing model.

Established in March 2011, E-Surfing Media was formerly known as the video operation center of China Telecom and was the only online video operation platform of China Telecom. E-Surfing Media Co., Ltd. is a wholly-owned subsidiary of Besttone Holding Co., Ltd. (SHSE: 600640), which is a public listed company on Shanghai Stock Exchange and also a subsidiary of China Telecom, a major telecom operator with more than 352.8 million mobile users.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Vobile Group Limited

Yangbin Bernard Wang

Chairman

Hong Kong, April 7, 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Yangbin Bernard WANG and Mr. Michael Paul WITTE as executive directors; Mr. J David WARGO and Mr. WONG Wai Kwan as non-executive directors; and Mr. CHAN King Man Kevin, Mr. Derek CHANG, Mr. Alfred Tsai CHU and Mr. Charles Eric EESLEY as independent non-executive directors.