Further to the communiqué issued on 16 December 2021, the Board of Directors of CIM Financial Services Ltd (the 'Company') is pleased to announce that following regulatory approval obtained, the acquisition of Tsusho Capital (Mauritius) Limited by the Company has been completed.

By order of the Board
Cim Administrators Ltd
Company Secretary
24 March 2022

This communiqué is issued pursuant to Listing Rule 11.3 and Rule 5 of the Securities (Disclosure Obligations of Reporting Issuer) Rules 2007.

The Board of Directors of CIM Financial Services Ltd accepts full responsibility for the accuracy of the information contained in this communiqué.