$AcroMeta (43F.SG)$$Geo Energy Res (RE4.SG)$ The Board of Di...

The Board of Directors of ACROMETA Group Limited (the “Company”) wishes to announce that the Company has entered into a conditional subscription agreement dated 7 November 2023 (the “Agreement”) with Huang She Thong (the “Subscriber”) pursuant to which the Subscriber shall subscribe for, and the Company shall allot and issue, an aggregate of 12,500,000 new ordinary shares (the “New Shares”) at an issue price of S$0.04 (the “Issue Price”) for each New Share (the “Share Subscription”), amounting to an aggregate consideration of S$500,000.

The Subscriber was introduced by the Company’s appointed introducer, Daniel Kway, an independent third party, from UOB Kay Hian Private Limited. Subject to the completion of the proposed Share Subscription, there will be an introducer fee of S$15,000 payable to Daniel Kway by the Company, in connection with the Share Subscription. No commission will be shared with any Subscribers. Huang She Thong is a private investor and was previously an Executive Director of Geo Energy Resources Limited. The Subscriber has warranted that he is not a director or substantial shareholder of the Company or any other person specified under Rule 812(1) of the Catalist Rules. As far as the Directors are aware, the Subscribers are individuals and entities wishing to invest in the Company.