Placements::Proposed Placement - Completion of Proposed Placement

VIVIDTHREE HOLDINGS LTD.

Registration No. 201811828R

(Incorporated in the Republic of Singapore)

PROPOSED PLACEMENT OF 37,500,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT A PLACEMENT PRICE OF S$0.05832 PER SHARE

• COMPLETION OF PROPOSED PLACEMENT

1. INTRODUCTION

The Board of Directors ("Board") of Vividthree Holdings Ltd. ("Company", and together with its subsidiaries, "Group") refers to the following announcements:

1. The announcement dated 19 November 2021 in relation to the proposed placement of 37,500,000 new ordinary shares in the capital of the Company ("Placement Shares") ("Proposed Placement") at a placement price of S$0.05832 per Placement Share
   ("Placement Price") pursuant to the placement agreement dated 19 November 2021 entered into between the Company and the Placees; and
2. The announcement dated 14 December 2021 in relation to the receipt of the listing and quotation notice ("LQN") of the Placement Shares from the Singapore Exchange Securities
   Trading Limited ("SGX-ST"), subject to SGX-ST listing requirements.

(collectively, the "Placement Announcements")

Unless otherwise defined, capitalised terms used in this announcement shall have the meanings ascribed to them in the Placement Announcements.

2. COMPLETION OF THE PROPOSED PLACEMENT

Further to the Placement Announcements, the Board is pleased to announce the completion of the Proposed Placement ("Completion of Proposed Placement") on 15 December 2021

("Completion Date") pursuant to which the Placement Shares have been allotted and issued to the Placees.

The Placement Shares are expected to be listed and quoted on the Catalist Board of the SGX- ST with effect from 9.00 a.m. on 17 December 2021.

Following the Completion of the Proposed Placement, the total number of issued shares of the Company has increased from 334,011,764 Shares to 371,511,764 Shares, being the enlarged issued and paid-up share capital (excluding treasury shares) after the issue and allotment of the Placement Shares.

The Placement Shares were allotted and issued free from all claims, charges, liens and other encumbrances whatsoever and shall rank pari passu with and shall carry all rights similar to existing issued Shares, save that they will not rank for any dividends, rights, allotments, distributions or other entitlements, the record date for which falls on or before the Completion Date.

VIVIDTHREE HOLDINGS LTD.

Registration No. 201811828R

(Incorporated in the Republic of Singapore)

PROPOSED PLACEMENT OF 37,500,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT A PLACEMENT PRICE OF S$0.05832 PER SHARE

• COMPLETION OF PROPOSED PLACEMENT

By Order of the Board

Yeo Eng Pu, Charles

Managing Director

15 December 2021

This Announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. ("Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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 Lay Shi Wei - Registered Professional, 6 Raffles Quay, #24- 02, Singapore 048580, [e-mail]