Employee Stock Option/ Share Scheme::Issue and Allotment of Shares Pursuant to Exercise of Options under ESOS 2017

NANOFILM TECHNOLOGIES INTERNATIONAL LIMITED

(Company Registration Number 199902564C) (Incorporated in Singapore on 13 May 1999)

ISSUE AND ALLOTMENT OF SHARES PURSUANT TO THE EXERCISE OF OPTIONS UNDER THE

COMPANY EMPLOYEE SHARE OPTION SCHEME 2017

The board of directors (the "Board") of Nanofilm Technologies International Limited (the "Company") wishes to announce that the Company had, on 17 August 2021 issued and allotted an aggregate of 1,817,000 new ordinary shares in the capital of the Company (the "New Shares") at the exercise price of S$0.5868 each pursuant to the exercise of 1,817,000 options granted under the Company Employee Share Option Scheme 2017.

The New Shares rank pari passu in all respects with the existing issued ordinary shares in the capital of the Company (the "Shares"). The New Shares are expected to be listed and quoted on the Singapore Exchange Securities Trading Limited on or about 20 August 2021.

Following the issuance of the New Shares, the total number of issued Shares increased from 661,626,100 (including treasury Shares) to 663,443,110 Shares.

BY ORDER OF THE BOARD

NANOFILM TECHNOLOGIES INTERNATIONAL LIMITED

Lim Kian Onn

Chief Financial Officer

17 August 2021

Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Issue Managers for the Offering. Citigroup Global Markets Singapore Pte. Ltd., Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Global Coordinators for the Offering. Citigroup Global Markets Singapore Pte. Ltd., CLSA Singapore Pte Ltd, Credit Suisse (Singapore) Limited and Oversea-Chinese Banking Corporation Limited are the Joint Bookrunners and Underwriters for the Offering.