Cornerstone Technologies Holdings Limited (Borrower) entered into A loan facility with a maximum principal amount of HKD 70,000,000 with Gold Medal Hong Kong Limited (Lender). The Borrower may draw down any loan amount under the Facility on any business day, provided that, among others, (i) upon obtain and approve the drawdown notice from the Borrower and (ii) the Lender have more that 3 business days to handle and approve the drawdown notice. The Loan is secured by the Guarantee provided by the Guarantor in favour of the Lender for the repayment of the Loan and such other sums payable by the Borrower under the Loan Facility Agreement.

The Borrower shall repay the principal amount of the Loan, outstanding accrued interests and (if any) other monies outstanding in respect of the Facility in full on the Maturity Date or on demand by the Lender upon occurrence of an event of default (as defined in the Loan Facility Agreement), whichever occurs earlier. The Borrower may also prepay all or part of the Loan, provided that, among others, (i) the Borrower shall have given the Lender not less than seven business days ' prior written notice specifying the proposed amount and date of prepayment; (ii) the amount of any partial prepayment of the Loan from the Loan Facility shall be at least HKD 500,000; and (iii) the Borrower shall pay to the Lender all accrued interests in respect of the sum prepaid and other sums then due and payable (if any) up to and including the date of prepayment Interest shall accrue at the rate of 10% per annum. Interest accrued shall be paid on the Maturity Date or, as the case may be, the prepayment date.