Seazen : CLARIFICATION ANNOUNCEMENT IN RELATION TO THE ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 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.

SEAZEN GROUP LIMITED

อ۬೯࢝છٰϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1030)

CLARIFICATION ANNOUNCEMENT IN RELATION TO

THE ANNUAL RESULTS ANNOUNCEMENT FOR

THE YEAR ENDED 31 DECEMBER 2020

Reference is made to the announcement of Seazen Group Limited (the "Company") dated 26 March 2021 in relation to its annual results for the year ended 31 December 2020 (the "2020 Annual Results Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the 2020 Annual Results Announcement.

The Company noted that there was an inadvertent clerical error in the 2020 Annual Results Announcement and wishes to make the following clarification:

Under "6. Borrowings" on page 12 of the 2020 Annual Results Announcement, the non-current and unsecured senior notes as at 31 December 2020 shall be 15,858,814, instead of 13,858,814.

Save for the aforementioned correction of the inadvertent error, all the information in the 2020 Annual Results Announcement remains unchanged.

By Order of the Board

Seazen Group Limited

WANG Xiaosong

Chairman

Hong Kong, 28 March 2021

As at the date of this announcement, the Directors are Mr. Lv Xiaoping and Mr. Lu Zhongming as executive Directors, Mr. Wang Xiaosong, Mr. Qu Dejun and Mr. Zhang Shengman as non-executive Directors, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.