General Announcement::Press Release - Collaboration Agreement with TEINYO

Metech International Limited

(Incorporated in the Republic of Singapore)

(Company Registration Number 199206445M)

PRESS RELEASE

Collaboration with TEINYO,

to Develop Photodetector Technology and

Automation and Artificial Intelligence Technology in Robot

• A lab-grown diamond is a diamond: chemically, physically and optically identical to a mined diamond, hence without the need for mining, lab-grown diamonds are a sustainable source of this important material
• AET has the technological capabilities to produce the highest grade of lab-grown diamonds
• TEINYO, focuses on developing and commercialising new healthcare rehabilitation solutions with scientific methodologies and technology innovations

Singapore, 8th December 2021 - SGX-listedMetech International Limited ("Metech" or the "Company", and together with its subsidiaries, the "Group"), is pleased to announce that its joint venture company, Asian Eco Technology Pte. Ltd. ("AET") ("亚洲易高生态科技有限公司") has entered into a collaboration with 哈工天愈（中山）机器人有限公司 ("TEINYO"), to jointly research and develop

1. photodetector technology in healthcare rehabilitation applications using lab-grown diamonds and (ii) automation and artificial intelligence technology in robot for production of lab-grown diamonds.

TEINYO belongs to HIT Robot Group ("HRG Robotics"), a leading brand of scientific rehabilitation in China. As a high-tech enterprise, it focuses on developing and commercialising new healthcare rehabilitation solutions with scientific methodologies and technology innovations. For more information on TEINYO, please visit https://www.teinyo.com/

HRG Robotics was established in 2014 and it is a Chinese technology company specialising in robotics and artificial intelligence technology innovation and commercialisation. With various business centres and overseas offices, HRG Robotics focuses on research and development, start-ups incubation, business collaborations as well as other commercialisation activities to bring new technology innovations to market.

In Singapore, HRG Robotics collaborated with Temasek Polytechnic to set up of the TP-HRG Robotics Innovation Centre that was officially opened in February 2019. For more information on HRG Robotics, please visit http://www.hrgrobotics.cn/

Ms. Samantha Hua, Executive Director and Deputy Chief Executive Officer of Metech, said: "The rising demand for healthcare services globally has spurred the growth of advanced biomedical sensors and devices for diagnosis, monitoring, treatment and care.

Diamond has unique and extreme properties that are ideal for such applications and lab-grown diamonds have become a reliable and sustainable source. Together with TEINYO, we look forward to drive new technological advances and develop more applications in the biomedical and healthcare rehabilitation field using lab-grown diamonds."

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About Metech International Limited

(Bloomberg: CENR:SP / Reuters: METE.SI / SGX Stock Code: V3M)

Listed on the Singapore Stock Exchange, Metech International Limited ("Metech") has a multi-pronged business model that aligns with the macro trends in the area of environmental and sustainability.

While proactively evaluating new business opportunities to broaden its business model, Metech continues to build on its capabilities and extend the value propositions of its business units.

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Issued on behalf of Metech International Limited by 8PR Asia Pte Ltd.

Media & Investor Contacts:

Mr. Alex TAN

Mobile: [phone]

Email:[e-mail]

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This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Khong Choun Mun, Registered Professional, RHT Capital Pte. Ltd. at 6 Raffles Quay, #24-02, Singapore 048580, [e-mail].