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Source: Media Outreach HONG KONG SAR – Media OutReach – 9 December 2020 – Orange Sky Golden Harvest Entertainment (Holdings) Limited (“Orange Sky Golden Harvest” or the ”Company”, together with the subsidiaries collectively as the “Group”, SEHK stock code: 1132) has today entered into a Heads of Agreement with Singapore-listed mm2 Asia Limited (”mm2”), for the possible merger of the Company’s cinema business in Singapore with mm2’s cinema business in Singapore and Malaysia. In conjunction with the proposed merger, the parties will bring in one or more new investors to inject capital into the merged entity. Orange Sky Golden Harvest conducts a movie distribution, screen advertising and ownership and operation of cinema business through, Dartina Development Ltd, its wholly owned subsidiary, with 13 operating cinemas in Singapore under the ”Golden Village” brand. mm2 conducts its screen advertising and ownership and operation of cinema business through

Hong kongStock exchange of hong kongDartina development ltdConsumer commission of singaporeSingapore exchange securities tradingMedia outreachOrange sky golden harvest entertainmentSky goldenSky golden harvestStock exchangeHong kong limitedSingapore exchange securities trading limitedConsumer commissionஹாங் காங்ஸ்டாக் பரிமாற்றம் ஆஃப் ஹாங் காங்நுகர்வோர் தரகு ஆஃப் சிங்கப்பூர்