Simplicity Holding Completes Placement of 19,320,000 New Shares

• Simplicity Holding completed a placement of 19,320,000 new shares to at least six investors on October 28, 2026.
• Net proceeds from the placement totaled approximately HK$ 3.02 million.
• Including approximately HK$ 540,000 remaining from an earlier placement, available proceeds total approximately HK$ 3.56 million for general working capital.
• Planned allocations include HK$ 2.3 million for director remuneration and staff salaries, with HK$ 1.2 million for legal and professional expenses.
• The remaining HK$ 60,000 is earmarked for administration costs; all unused proceeds are scheduled for use by March 31, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simplicity Holding Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261029-12386947), on October 29, 2026, and is solely responsible for the information contained therein.