ANNOUNCEMENT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.V.S. INTERNATIONAL GROUP LIMITED威铖国际集团有限公司 (incorporated in the Cayman Islands with limited liability) (stock code: 1002) ANNOUNCEMENT This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).The board of directors (“Board”) of V.S. International Group Limited (“Company”) would like to inform the investors and shareholders of the Company that the following financial information of the Company and its subsidiaries (“Group”) will be released to V.S. Industry Berhad (“VS Berhad”) a company listed on the Main Market of Bursa Malaysia Securities Berhad and holding company of the Company for VS Berhad’s compilation of its quarterly report (“Quarterly Report”) for the nine months ended 30 April 2024 in accordance with the applicable laws and regulations in Malaysia (including those of Bursa Malaysia Securities Berhad).CONDENSED CONSOLIDATED INCOME STATEMENT Unaudited Nine months ended 30 April 20242023 RMB’000 RMB’000 Revenue 36684 49205 Cost of sales (34399) (48927) ──────────────────── Gross profit 2285 278 Other income - net 5166 3233 Other gains - net 952 2119 Distribution costs (775) (1381) General and administrative expenses (32312) (22663) Reversal of/(provision for) impairment loss on financial assets 44 (1) ──────────────────── 1Unaudited Nine months ended 30 April 20242023 RMB’000 RMB’000 Operating loss (24640) (18415) Finance costs - net (48) (670) Share of net profit of an associate accounted for using the equity method 3220 1395 Reversal of impairment on investment accounted for using the equity method 9179 - ──────────────────── Loss before income tax (12289) (17690) Income tax expense (302) (16) ──────────────────── Loss for the period attributable to owners of the Company (12591) (17706) ════════════════════ CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION Unaudited Audited At 30 April At 31 July 20242023 RMB’000 RMB’000 ASSETS Non-current assets Property plant and equipment 177037 185289 Right-of-use assets 12649 13065 Financial asset at fair value through other comprehensive income 2300 2300 Investment accounted for using the equity method 22764 10365 ──────────────────── 214750211019 ------------------ ------------------ Current assets Inventories - 8057 Trade and other receivables deposits and prepayments 17473 26226 Amounts due from related parties - 948 Cash and cash equivalents 65562 85457 ──────────────────── 83035120688 ------------------------------------ Total assets 297785 331707 ════════════════════ 2Unaudited Audited At 30 April At 31 July 20242023 RMB’000 RMB’000 EQUITY Capital and reserves Share capital 105013 105013 Share premium 306364 306364 Other deficits (144666) (132075) ──────────────────── Total equity attributable to owners of the Company 266711 279302 ------------------------------------ LIABILITIES Non-current liabilities Deferred income tax liabilities 756 920 ──────────────────── 756920 ------------------------------------ Current liabilities Trade and other payables 5795 15948 Loans from a director 24056 35108 Amounts due to related parties 467 429 ──────────────────── 3031851485 ------------------------------------ Total liabilities 31074 52405 ------------------------------------ Total equity and liabilities 297785 331707 ════════════════════ It is expected that the Quarterly Report will be released in Malaysia by 19 June 2024.The above financial information was prepared by the Company’s management based on the management accounts of the Group and the same has not been audited nor reviewed by the Company’s auditors. There is no indication or assurance from the Company that the financial results of the Group for the nine months ended 30 April 2024 will be the same as that presented in the Quarterly Report. Potential investors and shareholders of the Company are advised to exercise caution and not to place undue reliance on the Quarterly Report when dealing in the shares of the Company. 3By order of the Board V.S. International Group Limited Beh Kim Ling Chairman Johor Bahru Malaysia 18 June 2024 As at the date of this announcement the Board comprises the following members: Executive directors: Independent non-executive directors: Mr. Beh Kim Ling Mr. Tang Sim Cheow Mr. Beh Chern Wei Ms. Fu Xiao Nan Mr. Zhang Pei Yu (Ms. Beh Hwee Sze Mr. Wan Mohd Fadzmi as his alternate) 4