Momentum Financial Holdings Limited announced that it has signed a supplemental agreement with its placing agent on 26 May 2026, revising the placing price of its new shares from HK$0.20 to HK$0.205 per share under the existing general mandate.

The new placing price represents (1) an 18.00% discount to the HK$0.250 closing price on the last trading day prior to the initial placing announcement, and (2) a 16.67% discount to the five-day average closing price of HK$0.246.

Based on full placement of the new shares, gross proceeds are expected to reach approximately HK$21.40 million, with net proceeds estimated at around HK$21.00 million, implying a net placing price of roughly HK$0.2016 per share.

Use of funds remains unchanged: • Cross-border e-commerce businesses: HK$15.00 million (71.4%) • R&D and operating expenses for AI and Web3 infrastructure-driven e-wallet payment solutions: HK$3.00 million (14.3%) • General working capital including payroll, rental and other operating costs: HK$3.00 million (14.3%)

The shares will be issued under the company’s general mandate, eliminating the need for additional shareholder approval. All other terms of the original placing agreement remain in force. Completion of the placing remains conditional on the satisfaction of precedent conditions, and the company cautions investors that the transaction may or may not proceed.