Asia Fruit Company Limited filed a Next Day Disclosure Report on February 22, 2024, announcing significant changes in its issued share capital. THE COMPANY UNDERTOOK A CAPITAL RESTRUCTURING THAT INVOLVED MERGING EACH 200 SHARES WITH A VALUE OF HK$0.01 INTO ONE CONSOLIDATED SHARE WITH A VALUE OF HK$2.00, FOLLOWED BY A CAPITAL REDUCTION, ELIMINATING THE ZERO CONSOLIDATED SHARES AND REDUCING THE FACE VALUE OF EACH ISSUED CONSOLIDATED SHARE TO HK$0.01. This recapitalisation was completed on 21 February 2024 and reduced the number of shares issued to 14,900,529 shares from 2,980,105,859 shares. The Company confirms that all relevant legal documents have been archived and that it has complied with the relevant provisions of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.

Asia Fruit Company Limited filed a Next Day Disclosure Report on February 22, 2024, announcing significant changes in its issued share capital. THE COMPANY UNDERTOOK A CAPITAL RESTRUCTURING THAT INVOLVED MERGING EACH 200 SHARES WITH A VALUE OF HK$0.01 INTO ONE CONSOLIDATED SHARE WITH A VALUE OF HK$2.00, FOLLOWED BY A CAPITAL REDUCTION, ELIMINATING THE ZERO CONSOLIDATED SHARES AND REDUCING THE FACE VALUE OF EACH ISSUED CONSOLIDATED SHARE TO HK$0.01. This recapitalisation was completed on 21 February 2024 and reduced the number of shares issued to 14,900,529 shares from 2,980,105,859 shares. The Company confirms that all relevant legal documents have been archived and that it has complied with the relevant provisions of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.