General Announcement::Nanofilm Conferred Deloitte's Best Managed Companies Award

Nanofilm Technologies International Limited

28 Ayer Rajah Crescent, #02-02/03 Singapore 139959.

Tel: [phone] Website: www.nanofilm.com.sg

Registration No.: 199902564C

NEWS RELEASE

NANOFILM NAMED AS ONE OF THE INAUGURAL WINNERS OF

DELOITTE'S BEST MANAGED COMPANIES SINGAPORE 2021 AWARD

• Independent judging panel impressed with Nanofilm's vision, drive to realise new industry opportunities, originality, and ability to scale
• Nanofilm committed to uphold high standards of corporate governance, and to further strengthen Environmental, Social and Corporate Governance ("ESG") considerations across operations and business strategies

SINGAPORE, 6 July 2021 - Mainboard-listed Nanofilm Technologies International Limited (the "Company", and together with its subsidiaries, "Nanofilm", "NTI" or the "Group"), a leading provider of nanotechnology solutions, is pleased to announce that it has been named a winner in Deloitte's inaugural Best Managed Companies Singapore 2021 Award, in recognition of its exemplary business performance in 2020.

Deloitte's Best Managed Companies award program recognises companies for their organisational success and achievement. The program provides a distinct framework for management teams to challenge themselves and benchmark against some of the best private companies in the world. The Best Managed Companies is part of a global awards program active in the Americas, Europe, Australia, China and now Singapore and across Southeast Asia. Companies are evaluated based on factors such as strategy development, capabilities and innovation, culture and commitment, strong governance structures and financial discipline.

Nanofilm was deemed, by an independent judging panel, to exemplify the qualities of a Best Managed company in what was an extraordinary year for businesses globally, amidst the COVID-19 pandemic. The judges commended Nanofilm for its strong company vision of integrating nanotechnology into the daily lives of end-users and plans to achieve mass commercialisation through realising new industry opportunities. This serves as a strong affirmation of Nanofilm's proprietary technologies, core competencies in R&D, engineering and production.

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Nanofilm Technologies International Limited

28 Ayer Rajah Crescent, #02-02/03 Singapore 139959.

Tel: [phone] Website: www.nanofilm.com.sg

Registration No.: 199902564C

At the heart of Nanofilm's business lies a robust ESG framework which will continue to govern its strategy and operations as the Group seeks growth and create stakeholder value responsibly. As a global citizen whose green-labelled mission critical applications are proliferated worldwide, Nanofilm's steadfast commitment to sustainability and ESG will allow the generation of stronger and more sustainable returns over time.

Dr Shi Xu (史旭), Founder and Executive Chairman of Nanofilm, said, "The Best Managed Companies award by Deloitte is a well-regardedinternational stamp of approval, underscoring our gold standard in Environmental, Social and Corporate Governance as the leading nanotechnology solutions provider. At Nanofilm, we view our management team as our heart, and technology as our brain, working together with all the other vital organs that make up our business, to ensure success. This award would not have been possible without the passionate and dedicated team driving Nanofilm. A sincere thanks to the management team and all staff who truly embodies what Nanofilm is today and what it hopes to achieve for the future."

- ENDS -

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Nanofilm Technologies International Limited

28 Ayer Rajah Crescent, #02-02/03 Singapore 139959.

Tel: [phone] Website: www.nanofilm.com.sg

Registration No.: 199902564C

ABOUT NANOFILM TECHNOLOGIES INTERNATIONAL LIMITED

Listed on the Mainboard of Singapore Exchange Securities Trading Limited ("SGX-ST") on 30 October 2020, Nanofilm Technologies International Limited ("Nanofilm") is a leading provider of nanotechnology solutions in Asia, leveraging its proprietary technologies, core competencies in R&D, engineering and production, to provide technology-based solutions across a wide range of industries. Nanofilm's solutions serve as key catalysts in enabling its customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner.

Nanofilm is a constituent of the FTSE ST China Index, FTSE ST Singapore Shariah Index, FTSE ST Large & Mid Cap Index, FTSE ST Mid Cap Index and the MSCI Singapore Small Cap Index.

This media release is issued on behalf of Nanofilm Technologies International Limited by Citigate Dewe Rogerson. For media queries, please contact:

Nanofilm Technologies International Limited

Kay Lim / Duane Tan

• [e-mail]

Citigate Dewe Rogerson Singapore Pte Ltd

Chia Hui Kheng / Dolores Phua / Justin Teh / Vaylor Tan

T [phone] (Office Hours)

• [e-mail]

Important Notice:

Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Issue Managers for the Offering. Citigroup Global Markets Singapore Pte. Ltd., Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Global Coordinators for the Offering. Citigroup Global Markets Singapore Pte. Ltd., CLSA Singapore Pte Ltd, Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are

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Nanofilm Technologies International Limited

28 Ayer Rajah Crescent, #02-02/03 Singapore 139959.

Tel: [phone] Website: www.nanofilm.com.sg

Registration No.: 199902564C

the Joint Bookrunners and Underwriters for the Offering. The Joint Issue Managers, the Joint Global Coordinators and the Joint Bookrunners and Underwriters assume no responsibility for the contents of this announcement.

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