PINE TECH (01079) and offeror MICRONOVA LIMITED jointly announced that as of 4:00 PM on Tuesday, September 16, 2025 (being the latest time and date for acceptance of the offer as set out in the composite document), the offeror received valid acceptances for an aggregate of 794,400 offer shares under the share offer (accepted shares), representing approximately 0.06% of the total issued share capital of the company as of the date of this joint announcement; and valid acceptances for an aggregate of 45.78 million share options under the share option offer (accepted options), representing approximately 82.07% of the share options under the share option offer.

Immediately following completion of the acquisition and immediately before the offer became available for acceptance on August 26, 2025, the offeror, Mr. Yu and any of their concert parties held, controlled or had direction over 714 million shares, equivalent to approximately 53.83% of the total issued share capital of the company as of the date of this joint announcement.

Immediately following the close of the offer and as of the date of this joint announcement, taking into account the valid acceptances of the relevant accepted shares (subject to completion of the transfer of such accepted shares to the offeror), the offeror, Mr. Yu and any of their concert parties collectively have interests in an aggregate of 715 million shares, representing approximately 53.89% of the total issued share capital of the company as of the date of this joint announcement.