102.HK SUMMIT ASCENT HOLDINGS LIMITED

A subsidiary of Suncity Group Holdings Limited (1383.HK) Summit Ascent - An Award-Winning Company

Summit Ascent (102.HK) Summit Ascent (102.HK) Summit Ascent (102.HK) Summit Ascent (102.HK) Summit Ascent (102.HK) Honored Company Best ESG, Ranked 3rd Buy- Best CEO, Ranked 3rd Sell- Best CFO, Ranked 3rd Best Investor Relations side & Sell-side Combined side (Andrew Lo) Sell-side Company, Ranked 3rd Buy- side & Sell-side Combined Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings 2021 2021 2021 2021 2021

Summit Ascent (102.HK) Summit Ascent (102.HK) Tigre de Cristal Tigre de Cristal Tigre de Cristal Best Investor Relations Best Investor Relations Corporate Travel Awards 2020 Winner of the XVI Business Top 5 Nominees of “Russia’s Professional, Ranked 2nd Buy- Team, Ranked 3rd Buy-side (Hotel Resort of the Year) Prize of Leading Resort 2019” side & Sell-side Combined & Sell-side Combined (Company of the Year 2019) Institutional Investor 2021 Institutional Investor 2021 CEO Today Magazine World Travel Awards All-Asia Executive Rankings All-Asia Executive Rankings 2021 2021 2020 2019 2019 1 1 GROUPGROUP 2021 2021 INTERIM INTERIM RESULTS RESULTS

CONTENTS 1 CONTENTSGROUP 2021 INTERIM RESULTS 2 1NEARGROUP TO MEDIUM 2021 INTERIM TERM GROWTH RESULTS 3 2REASONSNEAR TO FOR MEDIUM FAST GROWTH TERM GROWTH PROSPECTS 4 3BUSINESSLONGER ENVIRONMENT TERM GROWTH FUNDAMENTALS 5 4ESGBUSINESS ENVIRONMENT 6 5OUTLOOKESG 6 OUTLOOK

GROUPGROUP 20212021 INTERIMINTERIM RESULTSRESULTS

FINANCIALFINANCIAL UPDATEUPDATE Summit Ascent 1H 2021 Results Highlights

Tigre de Cristal GGR Adjusted EBITDA Group Total Revenue Bank Balances & Cash

HK$ 139.1 million HK$ 17.2 million 129.5 million 635.3 million US$17.9 million US$2.2 million US$16.7 million US$82 million

Mass Table Drop Electronic Gaming Volume Loss attributable Gearing Ratio1 Recovery in 1H 2021 Recovery in 1H 2021 to owners of the Company

0 % 87% 100% HK$ (0.13) million of pre-pandemic levels2 of pre-pandemic levels2 US$(0.017) million

US$1 = HK$7.75 1 Gearing ratio: defines as total borrowings divided by total assets 2Pre-pandemic: Average monthly volume recorded in 1H 2021 as a percentage of average monthly volume recorded during the pre-closure period of Q1 2020 Summit Ascent 1H 2021 Results Highlights

Summit Ascent: Initial Recovery Observed as Total Revenue Rose 35% YoY & 12% Sequentially • 1H 2021 Group Total Revenue of HK$129.5 million, up 35% YoY and up 12% sequentially • 1H 2021 Loss attributable to Owners of the Company was HK$(0.13) million, significantly improved when compared to HK$(47.0) million in 1H 2020

Tigre de Cristal : 1H 2021 Adjusted EBITDA Continued Trending Positive While Increased 1.3 Times Sequentially in the Middle of COVID, Thanks to Sustained Local Mass & Slots Businesses • 1H Net Revenue from Gaming Operations of HK$122.7 million, up 33% YoY • 1H Total Gross Gaming Revenue (“GGR”) of HK$139.1 million, up 9% YoY • 1H Adjusted EBITDA of Tigre de Cristal was HK$17.2 million versus negative HK$(22.1) million in 1H 2020, 1H Adjusted EBITDA was also up 131% sequentially versus 2H 2020 • Average Hotel Occupancy was 44% during weekends and 21% during weekdays in 1H 2021

Balance Sheet: Solid and Liquid Balance Sheet; Zero Gearing • As at 30 June 2021, Bank Balances and Cash were at HK$635.3 million • Summit Ascent granted a short-term loan of US$120 million that bears 6% interest per annum to SunTrust for yield management to generate interest income for the Group • The Group had no outstanding Bank Borrowing throughout the first half of 2021; Gearing Ratio was 0% Development Update: Tigre de Cristal Phase I Upgrade Ready; Phase II on its Way; Diversifying into the Philippines • Tigre de Cristal Phase I upgrade ready– A brand-new Suncity Premium Club, new hot pot restaurant and a new private club are now ready • Phase II planning & design on its way – Minor delays due to COVID; Continue development works with Phase II • Diversifying into the Philippines – Invest in one of the fastest-growing Asian gaming jurisdictions in Asia, the Philippines; Receiving 6% coupon from convertible bonds and short-term loan investment in SunTrust Tigre de Cristal Gaming 1H 2021 Revenue Breakdown

Tigre de Cristal Gross Gaming Revenue increased by 9% YoY to HK$ 139.1 million in 1H 2021

Tigre de Cristal Gaming Revenue Tigre de Cristal Gross Gaming Revenue (GGR) Split

HK$’million Total: $123 Total: $125 0% 140

33% 39% 120 49% $41 51% 1H 2021 1H 2020 100 $68

80 Total: $66 28% Total: $57 $34 VIP Win Mass Win Electronic Gaming Win VIP Win Mass Win Electronic Gaming Win 60 $35 $33 HoH YoY 40 $55 $50 20 $31 VIP Gross Win (100%) (100%) $24

$0 $0 $0 0 Mass Net Win 15% 62% Q1 2021 Q2 2021 1H 2021 1H 2020 Electronic Gaming Net Win 10% 66% VIP Gross Win Mass Net Win Electronic Gaming Net Win

6 Tigre de Cristal – 1H 2021- Delivered Fair Results During the Pandemic

1H 2021 Adjusted Property EBITDA Continued Trending Positive While Increased 1.3 Times Sequentially in the Middle of COVID, Thanks to Sustained Local Mass & Slots Businesses Tigre de Cristal HoH YoY • 1H 2021 Total Revenue from gaming and hotel operations of HK$'000 HK$129.5 million, up 35% YoY and up 12% sequentially Total Revenue from Gaming and 12% 35% • 1H 2021 Positive-Adjusted EBITDA of HK$17.2 million, up 178% Hotel Operations YoY, increased 1.3 times compared to 2H 2020 Gaming VIP Gross Win • In 1H 2021, no VIP Gross Win was recorded, down 100% YoY (100%) (100%) Mass Net Win 15% 62% • 1H 2021 Mass Net Win increased 62% YoY to HK$55 million, Electronic Gaming Net Win 10% 66% and increased 15% HoH Non-Gaming Revenue1 46% 82%

• 1H 2021 Electronic Gaming Net Win increased 66% YoY to HK$’000 20,000 Adjusted EBITDA (HK$'000) and 17,171 16% 14% HK$68 million, and increased 10% HoH 15,000 Adjusted EBITDA Margin (%) 13% 12% 1 10,000 10% • 1H 2021 Non-gaming revenue increased 82% YoY to HK$6.7 7,470 5,000 8% million, and increased 46% HoH 6% 6% - 4% • During 1H 2021, average hotel occupancy during weekends (5,000) 2% 0% (10,000) was 44% and during weekdays was 21% (22,149) -2% (15,000) -4% -6% (20,000) -8% 1 Non-gaming revenue: refers to revenue from hotel operations (25,000) -10% 1H 2020 2H 2020 1H 2021

Adjusted EBITDA Margin 7 Bank Balances & Cash Update

Solid and Liquid Balance Sheet; Zero Gearing • As at 30 June 2021, bank balances and cash were at HK$635.3 million • The Group had no outstanding bank borrowing throughout the first half of the year; Gearing ratio was 0% • The decrease in cash in 1H 2021 was primarily due to a yield management exercise for a 6% interest-bearing loan of US$120 million to SunTrust equivalent to HK$931.6 million Bank Balances and Cash HK$’million 1,800 $1,562.3 1,600

1,400

1,200

1,000 $860.7 800 $635.3 600 $479.8 $400.2 400 $335.1

200 $130.3

0 Jun 2021 Dec 2020 Dec 2019 Dec 2018 Dec 2017 Dec 2016 Dec 2015

Bank Balances and Cash Main Shareholder Suncity has a Great Relationship with the Chinese Authorities 1 2 GROUP NEAR 2021TO MEDIUM INTERIM TERM RESULTS GROWTH PROSPECTS

CONTENTS 1 CONTENTSGROUP 2021 INTERIM RESULTS 2 1NEARGROUP TO MEDIUM 2021 INTERIM TERM GROWTH RESULTS 3 2REASONSNEAR TO FOR MEDIUM FAST GROWTH TERM GROWTH PROSPECTS 4 3BUSINESSLONGER ENVIRONMENT TERM GROWTH FUNDAMENTALS 5 4ESGBUSINESS ENVIRONMENT 6 5OUTLOOKESG 6 OUTLOOK

NEAR TOGROUP MEDIUM 2021 TERMINTERIM GROWTH RESULTS PROSPECTS

FINANCIAL UPDATE Tiger de Cristal Local Marketing Events in 2021

General Partner of Ippon Primorye Fighting Championship (IPFC) (April 2021) B-2 Concert - held on the main stage of Tigre de Cristal (May 2021)

Biker Party – Rock & Ride 2021 (May 2021) New Suncity Premium Club & Premium Mass Business Line ready in Tigre de Cristal Phase 1

1. Phase 1 Upgrade Ready – New Restaurants & Suncity Premium Club 2. Focus on Korean / Japanese Markets Tapping into the relatively Untapped Korean and Japanese Markets

Both Japanese and Koreans could afford gaming better than others South Koreans love gaming, already contributed half of the entire Korea’s GGR in 2019

US$ US$ million GGR Contribution in South Korea (Local casino KWL vs Foreigner-Only casinos) 3,000

2,000 1,094 1,123 1,062 1,430 1,275 1,204 1,212 885 991 1,101 1,000 1,373 1,432 1,340 1,103 1,043 1,064 1,126 1,251 1,232 1,304 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Kangwon Land Other 16 Casinos An average Japanese / Korean are 250% / 177% more well-off than other East Asians

Japanese have no local access to casinos – nearest is Korea / VVO

Arrivals at Tigre de Cristal by Air Arrivals at Kangwon Land by Land *30 flights weekly (Kangwon Land is the only locals-permitted casino in Korea)

Incheon 2.5 Hrs Seoul Kangwon Land 4 Hrs 182 VS

Busan Vladivostok 2 Hrs Busan Kangwon Land 6 Hrs 2023 – HARVEST YEAR – Tigre de Cristal + Westside City Project contribution to 102.HK

1. THREE times the existing size in Tigre de Cristal 2. May Own SunTrust through exercising Convertible Bonds

500 tables 964 Phase 1: Phase 1 + Phase 2: rooms OKADA • 5 star hotel 121 rooms • Luxury hotel rooms Approx. 470 rooms 3,000 • Electronic gaming 333 slots • Electronic gaming machines Approx.630 slots slots machines SUNCITY – WESTIDE CITY • Gaming tables Approx.140 tables PROJECT • VIP tables 30 tables • Luxury duty free shopping OKADA MANILA • Mass tables 35 tables • Oriental, Korean, Japanese, Western Restaurants THEME 300 tables • Restaurant & Bars 3 • Beach club PARK 2,400 rooms • Spa 1 • Conference, performance, auditorium and banquet facilities • Fitness Center 1 1,300 slots Suncity Westside City Resorts World CITY OF DREAMS MANILA WCRW Entertainment Hotel Complex

SOLAIRE 390 tables CITY OF AYALA 800 rooms GRAND WESTSIDE HOTEL DREAMS 1,788 slots

298 tables 951 rooms 2,256 slots AYALA MALL SOLAIRE

14 Tigre de Cristal Future Phases 1 3 GROUP LONGER 2021 TERM INTERIM GROWTH RESULTS FUNDAMENTALS

CONTENTS 1 CONTENTSGROUP 2021 INTERIM RESULTS 2 1NEARGROUP TO MEDIUM 2021 INTERIM TERM GROWTH RESULTS 3 2REASONSNEAR TO FOR MEDIUM FAST GROWTH TERM GROWTH PROSPECTS 4 3BUSINESSLONGER ENVIRONMENT TERM GROWTH FUNDAMENTALS 5 4ESGBUSINESS ENVIRONMENT 6 5OUTLOOKESG 6 OUTLOOK

LONGERGROUP TERM 2021 GROWTHINTERIM FUNDAMENTALS RESULTS

FINANCIAL UPDATE Interested in all Asian Gaming Jurisdictions so that Synergies among different IR locations could be created

Country Macau Vietnam Philippines Singapore Malaysia South Korea Russia Far East Cambodia

Significantly 2020 GGR (US$mn) 7,538 3,100 747 964 965 33 870 affected by COVID

2019 GGR (US$mn) 36,637 380(Est.) 4,302 4,568 2,953 2,285 103 1,719 (pre-pandemic)

Provisional pilot Only allow in Locals gaming Yes, with an entry Yes licenses for locals Yes Yes Kangwon Land; Yes No allowed levy can be applied Others No

Primarily mainland For Hoiana, primarily Primarily Locals and Locals for Kangwon Naga: businessmen; Chinese; businessmen Slots & Mass: Locals; Target Customers tourists from South some tourists; Local Tourists Locals Land; Tourists for all Sihanoukville: tourists and affluent middle VIP: Tourists East Asia businessmen others & businessmen class

39% 39% 35% 35% 35%

25% 22% 20% 20% 14% 15% 12% 7% 4% 1.5% 1.5%

VIP Mass

Source: Estimates from Broker investment research; Relevant decrease specifying gaming taxes; Public data; * Vietnam’s official tax rate is 35%, but commission deductible Lower Risks than Macau Gaming Peers

Summit Ascent 102.HK

3. No Gaming License 4. Not Reliant on one single 1. Balance Sheet is solid 2. Net Cash position to support growth Restrictions source of market

5. No bank borrowing 6. No table limits 7. Low gaming tax 8. Low Opex

18 Lower Risks – Summit Ascent has a solid Balance Sheet a) Summit Ascent has HK$635.3m bank balances & cash on its balance sheet b) No Debt; Summit Ascent is in Net cash position of HK$635.3m to support strong growth

a) Summit Ascent has HK$635.3 million cash on its balance sheet b) Summit Ascent has no debt, zero gearing

Summit Ascent Summit Ascent Gearing Ratio 0.0 Bank balances & HK$635.3m US$82.0m cash Current Ratio 33 Lower Risks – Not reliant on one client source; Koreans the biggest non-Chinese Group of Customers

RUSSIA Suncity has 190,000 actively serviced members worldwide

Koreans >10k

South East Asians (Malaysians, Singaporeans, Filipinos, Thais) >8k

Taiwanese >5k

JAPAN SOUTH Japanese CHINA KOREA Busan ~thousands

Other Nationalities Miyako Islands MYANMAR Hong Kong Van Don Macau Koreans, South East Asians and Japanese Gaming Patrons

Hoi An accounts for the largest group of non-Chinese Suncity Members Manila VIETNAM

PHILLIPINES Higher Profitability – LOW gaming tax; LOW OpEx

Low tax rate in Russia margin is higher than peers located elsewhere in Asia Monthly Cost of a dealer comparison

Monthly Levy

~USD1,700/ table / month ~USD100/ slot / month RUB125,000 / table / month RUB7,500 / slot / month ~US$3,000

45% 39% 39% 40% 35% 35% 35%

30% 25% 25% 22% ~US$700-800 20% 20% 20% 15% 15% 12% 10%

5% 1.5% 1.5% 0% Russia South Korea Singapore Philippines Malaysia Macau ~US$550 (as a % of 2019 GGR) VIP Mass 1 4 GROUP BUSINESS 2021 ENVIRONMENT INTERIM RESULTS

CONTENTS 1 CONTENTSGROUP 2021 INTERIM RESULTS 2 1NEARGROUP TO MEDIUM 2021 INTERIM TERM GROWTH RESULTS 3 2REASONSNEAR TO FOR MEDIUM FAST GROWTH TERM GROWTH PROSPECTS 4 3BUSINESSLONGER ENVIRONMENT TERM GROWTH FUNDAMENTALS 5 4ESGBUSINESS ENVIRONMENT 6 5OUTLOOKESG 6 OUTLOOK

GROUPBUSINESS 2021 ENVIRONMENTINTERIM RESULTS

FINANCIAL UPDATE Tigre de Cristal development summary

Development Largest integrated resort in the Russian Federation

Vladivostok, Integrated Entertainment Zone (IEZ) in the Location (Located 15 min from the Vladivostok airport)

Land area Phase 1 [Lot 9] Over 90,000 sqm; Phase 2 [Lot 10] Over 150,000 sqm;

Phase 1 Phase 1 + Phase 2 [Phase 1 GFA: 35,000 sqm] • 5 star hotel 121 rooms [Phase 2 GFA: over 65,000 sqm] • Electronic gaming machines 330 slots • Luxury hotel rooms Approx. 470 rooms • VIP tables 30 tables • Electronic gaming machines Approx. 630 slots Components • Mass tables 35 tables • Gaming tables Approx. 140 tables • Restaurant & Bars 4 • Luxury duty free shopping • Spa 1 • Oriental, Korean, Japanese, Western Restaurants • Fitness Center 1 • Beach club • Conference, performance, auditorium and banquet facilities Convenient air travel to Vladivostok

RUSSIA

Flight # of Flight City Country time (Weekly) Population

Seoul South Korea 2:20 36 10,738,269

Busan South Korea 2:00 10 3,622,140

Tokyo Japan 2:40 12 13,800,000

Osaka Japan 2:10 1 2.592,413

JAPAN SOUTH Sapporo Japan 1:30 1 1,940,000 CHINA KOREA Busan Beijing China 2:50 7 21,540,000

Harbin China 1:00 3 10,635,971

Miyako Islands Yanji China 0:40 5 650,000 MYANMAR Hong Kong Van Don Macau Hong Kong China 5:00 3 7,482,500

Hoi An Shanghai China 3:00 2 26,320,000 VIETNA Manila M PHILLIPINES Sanya China 5:00 2 572,500

Ideally located in Northeast Asia with exposure to an underserved target market of 600 million within 3 hours flying time

SINGAPORE Strong diplomatic relationship and growing economic links with Northeast Asia

• Chinese President Xi Jinping held a video meeting with • South Korean President Moon Jae-in held a phone • Russian President Putin and Japanese Prime Russian President Vladimir Putin in June 2021 to extend the summit with Russian President Vladimir Putin in Minister Yoshiro Mori affixed their signatures to the China-Russia Treaty of Good-Neighborliness and Friendly September 2020 to mark the 30th anniversary of joint statement on the peace treaty, the joint Cooperation1 bilateral relations2 statement on bilateral international cooperation and the programme of promoting trade and economic cooperation in September 2020 3

Source: 1 Xinhua Net 2Office of the President, South Korea 3President of Russia Strong Tourism Growth from Northeast Asia

Pre-COVID Foreign Tourist Arrivals by Region Tourist Arrivals to Primorye 1,000 941 779 800 2018 2019 YoY % 644 Country Arrivals Arrivals increase Arrivals 600

('000) ('000) 400 China 422,125 456,295 +8% 248 171

200 108 132 Foreign Foreign Tourist Republic of South 226,849 304,000 +34% Korea - 2014 2015 2016 2017 2018 2019 2020

Japan 20,955 35,000 +67% Source: Primorsky Territory Department for International Cooperation and Tourism; Federal State Statistics Bureau

E-visa Approval Validity period Application fee processing time 2021: US$ 40 pp* 2021: 16 days per entry* 4 days at maximum (consular fee)

Visa-free regions that are potentially Countries applicable for e-visa that are potentially our target customers our target customers

China Japan Singapore Philippines Taiwan India Malaysia etc. South Korea Hong Kong Macau Things to do in Vladivostok

Russian Ballet at Fesco Hall Eagle’s Nest Mount Golden Bridge Tokarevsky Lighthouse

Railroad Terminal of Vladivostok Gum Old Courtyard PrimRing Primorsky Oceanarium

Shooting Range Boating Pokrovsky Park Professional Ice Hockey

27 Future growth in Primrosky Krai Region that is not priced in

Cluster Effect (single casino vs cluster of integrated resorts like TIGRE DE CRISTAL 1 Cotai). Shambala opened already and Naga Russia is opening soon

NAGA

Additional land available for SHAMBALA 2 development (Lot 8, 9 & 10)

Under-tapped Korean & Japanese market which is Suncity’s strength; 3 Previously results were primarily driven by local Russians

Lot 8: To be developed Lot 9: Existing property Lot 10: To be developed Land size: 90,000 sqm Land size: 150,000 sqm GFA: 36,000 sqm Tigre de Cristal is the Leading Integrated Resort in Primorye IEZ

Tigre de Cristal Naga Vladivostok Casino Shambala

Operations Yes (since 2015) No (2022) Yes (Gaming since 2020)

Phase I: 65 tables, 333 slots Gaming Facilities Yes (not yet ready) Only slots Phase II: 140 tables, 630 slots 5 star award-winning hotel rooms Hotel Phase I: 121 rooms Yes (not yet ready) Yes (not yet ready) Phase II: over 470 rooms

F&B Multiple award-winning restaurants Yes (not yet ready) Yes

Entertainment (G-point, Party & Concert), Gaming, Highlight Seafood Restaurant, Wine & Cigar Bar, Golfer Gaming, Multi-purpose Hall Gaming Paradise, Electrifying Indoor Pool 5 ESG

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 NEAR TO MEDIUM TERM GROWTH PROSPECTS 3 LONGER TERM GROWTH FUNDAMENTALS 4 BUSINESS ENVIRONMENT 5 ESG 6 OUTLOOK

ESG COVID-19 Prevention Measures in Tigre de Cristal

Mask distribution station Floor marks at the main entrance at the Lobby

Thermographic camera Bactericidal air Tigre de Cristal staff started receiving Russia’s self-developed Sputnik V COVID-19 vaccination at the main entrance disinfectants Tigre de Cristal Fully Supports the Local Community

Tigre de Cristal actively supports the local community in promoting environmental protection

Tigre de Cristal staff and their families cleaned up rubbish in the volume of 12 Tigre de Cristal staff helped clean and improve school territory for students cubic metres at the beach for recycling 1 GROUP 2021 INTERIM RESULTS 6 OUTLOOK

CONTENTS 1 CONTENTSGROUP 2021 INTERIM RESULTS 2 1NEARGROUP TO MEDIUM 2021 INTERIM TERM GROWTH RESULTS 3 2REASONSNEAR TO FOR MEDIUM FAST GROWTH TERM GROWTH PROSPECTS 4 3BUSINESSLONGER ENVIRONMENT TERM GROWTH FUNDAMENTALS 5 4ESGBUSINESS ENVIRONMENT 6 5OUTLOOKESG 6 OUTLOOK

GROUP 2021OUTLOOKINTERIM RESULTS

FINANCIAL UPDATE Development Update

Tigre de Cristal Phase I upgrade ready; Phase II Planning & Design on its Way; Diversifying into the Philippines

• Tigre de Cristal Phase I upgrade ready – Brand-new Suncity Premium Club, restaurants and a new private club are now ready; • Phase II planning & design on its way – minor delays due to COVID-19; Continue development works with Phase II • Diversifying into the Philippines – Invest in one of the fastest-growing Asian gaming jurisdictions in Asia, the Philippines; Receiving 6% coupon from convertible bonds and short-term loan investment in SunTrust

Tigre de Cristal, Russia Westside City Project, Philippines

Phase I & II are both running, Tigre de Cristal will triple in its number of rooms, When all phases of Westside City Project are ready, it will consist of: and double in number in its gaming facilities • Approximately 300 gaming tables • Over 1,300 electronic gaming machines • Over 450 five-star hotel rooms • Approximately 1,000 car park spaces • Pool club & leisure club, etc. 34 Westside City Project – Design Preview Disclaimer

• The contents of this document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to this document. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. • This document appears for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. • The information of this document is intended to be accessed by Professional Investors only (or such similar persons as the term is defined under the laws of other relevant jurisdictions). For this purpose, “Professional Investor” is defined under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong), as may be amended from time to time. • Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. • These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. • Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Thanks Summit Ascent Holdings Limited 102.HK

Investor Contact:

Winnie Lei Investor Relations Senior Director [email protected]