Annual Reports and Related Documents::

REF R A M E C O V E R

I N V E N T

A N N U A L R E P O R T 2 0 2 1

OUR VISION

To be the leading tech-driven shopper marketing experts in Asia

OUR MISSION

We aspire to be the leader in the field of shopper marketing, sales and distribution by providing 360 solutions such as integrated digital and offline shopper solutions such as creative specialist, retail consultancy, data analytics, in-store adver tising, retail marketing, field force management, promoters activation, on-ground activation and retail technology products and services. Having established shopper360 as a one-stop agency for shopper solutions, brands are able to speed up its sales penetration and distribution by leveraging our network and marketing expertise.

We aspire to at trac t the best talent that fits our culture of for ward thinking, forward doing, collaboration whilst cultivating an environment that promotes integrity, and develops expertise.

To collaborate and be strategic with our business par tners, retailers and customers (brand owners) in providing solutions to grow their businesses via sales and marketing efforts on the shopper marketing front.

To create memorable shopper experiences in the digital and physical retail world.

In summary, shopper360 aims to promote and advance our brand promise of helping companies (whether retailer or brand) to 'sell smarter'.

BE EXPERT	COLLABORATIVE	FORWARD	DO WHAT'S
		THINKING,	RIGHT
We're smart	Two heads	FORWARD
people. We	are better	DOING	Always
know our	than one.		doing what
products and	The best solutions	We're	is morally
services inside	come from working	always one	right for
out; and are	together with our	step ahead and	yourself and
always ready	clients, partners and	challenging	the company
to dish out	colleagues.	the status quo.	without any
information and			compromise
advice			in any
on them.			situation.

CONTENTS

2	Group Structure
3	Corporate Information
4-5	Chairman's Statement
6-7	Board of Directors
8-9	Senior Management Team
10	New Team Leads
11-15	Group Financial Highlights
16-29	Business Activities
30-31	Investee Companies
32-37	Calendar of Events
38-41	Corporate Social Responsibility
42-43	Media Highlights
44-73	Corporate Governance Report
74-76	Directors' Statement
77-80	Independent Auditor's Report
81	Consolidated Statement of Comprehensive Income
82	Statements of Financial Position
83-84	Consolidated Statement of Changes in Equity
85	Statement of Changes in Equity
86-87	Consolidated Statement of Cash Flows
88-139	Notes to the Financial Statements
140-141	Statistics of Shareholdings
142-146	Notice of Annual General Meeting
147-148	Proxy Form

This annual report has been prepared by shopper360 Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This annual report has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this annual report, including the correctness of any of the statements or opinions made or reports contained in this annual report.

The contact person for the Sponsor is Ms Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone: [phone].

GROUP

STRUCTURE

100%

60%

21.5%

Acquired on 27 Aug 2021

11%

(Active Companies Only)

NON-
AFFILIATED	4.81%			3.81%
INVESTMENT
COMPANIES

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CORPORATE INFORMATION

BOARD OF

DIRECTORS

CHEW SUE ANN

Executive Chairman And Group Managing Director

HEW KOON CHAN

Lead Independent Director

WONG CHIN CHIN

Independent Director

MARGARET

AU-YONG

Independent Director

ZAFFARY

BIN AB RASHID

Non-Independent and Non-Executive Director

AUDIT COMMITTEE

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NOMINATING COMMITTEE

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REMUNERATION COMMITTEE

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COMPANY SECRETARY

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COMPANY

REGISTRATION NUMBER

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PRINCIPAL PLACE OF BUSINESS

Malaysia

shopper360 Sdn Bhd

505, 5th Floor, Block A Phileo Damansara 2, 15 Jalan 16/11, 46350 Petaling Jaya Selangor Darul Eshan, Malaysia Tel: [phone]

Myanmar

shopperplus Myanmar Co. Ltd.No 14B, Narnattaw Street Shwekanari Housing ->˜ …>Õ˜}]Ê9>˜}œ˜ Myanmar

Singapore

shopperplus Singapore Pte. Ltd.

80 Changi Road, #05-21, Centropod,

Singapore 419715

Tel: [phone]

SHARE REGISTRAR

B.A.C.S Private Limited

8 Robinson Road,

#03-00 ASO Building,

Singapore 048544

AUDITORS

Baker Tilly TFW LLP

600 North Bridge Road #05-01 Parkview Square, Singapore 188778 Partner-in-charge: Foong Chooi Chin Appointed since financial year ended 31 May 2020

PRINCIPAL BANKER

/ iÊœ˜}Êœ˜}Ê>˜`Ê- >˜} >ˆÊ Banking Corporation Limited, Singapore Branch

21 Collyer Quay,

HSBC Building Level 1,

Singapore 049320

SPONSOR

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8 Robinson Road,

#09-00 ASO Building,

Singapore 048544

REGISTERED OFFICE

138 Robinson Road,

#26-03 Oxley Tower,

Singapore 068906

Tel: [phone]

Fax: [phone]

Website:www.shopper360.com.my

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