Carrianna : FURTHER DELAY IN DESPATCH OF CIRCULAR

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佳寧娜集團控股有限公司

CARRIANNA GROUP HOLDINGS COMPANY LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 00126)

FURTHER DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Carrianna Group Holdings Company Limited (the "Company") dated 8 March 2021 in relation to, among other things, the Shares Subscription, the Specific Mandate and the Whitewash Waiver (the "Announcement") and the announcement of the Company dated 29 March 2021 in relation to the delay in despatch of the Circular (the "Delay in Despatch Announcement"). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcement and the Delay in Despatch Announcement.

As disclosed in the Delay in Despatch Announcement, it was expected that the despatch date of the Circular will be postponed to a date falling on or before 19 April 2021. The Company had applied to the Executive for an extension of time for the despatch of the Circular to a date on or before 19 April 2021 and such consent was granted by the Executive on 30 March 2021.

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As additional time is required for the Company to prepare and finalise certain information to be included in the Circular (including but not limited to certain financial information of the Group), the Company has applied to the Executive for an extension of time for the despatch of the Circular to a date on or before 10 May 2021. The Executive has indicated that it is minded to grant the extension of time for the despatch of the Circular to a date on or before 10 May 2021.

For and on behalf of the Board

Carrianna Group Holdings Company Limited

Dr. Ma Kai Yum

Chairman

Hong Kong, 19 April 2021

As at the date of this announcement, the Board comprises Mr. Ma Kai Cheung (Honorary Chairman), Mr. Ma Kai Yum (Chairman), Mr. Ma Hung Ming, John (Vice-chairman), Mr. Liang Rui and Mr. Chan Francis Ping Kuen as executive Directors; and Mr. Lo Ming Chi, Charles, Mr. Lo Man Kit, Sam and Mr. Wong See King as independent non-executive Directors.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

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