In the second quarter of the current year, the value of retail sales of the 361º core branded products for the second quarter of 2020 declined by low teens when compared similar period of 2019.

Retail Sales of business unit 361º Kids Brand (in value terms) for the second quarter of 2020 declined by low teens when compared to that for the same period of 2019.

This announcement is made based on a preliminary review of the unaudited operational data of the Group and the information currently available to the Board, and is not reviewed or audited by the Group’s auditors. The data do not constitute, represent or indicate the full picture of the Group’s total revenue or financial performance and the information contained in this announcement may be subject to change and adjustment.