(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 24 December 2020 in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcement in relation to the Proposed Private Placement dated 24 December 2020.

On behalf of the Board, Mercury Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below.

This announcement is dated 15 January 2021.