The Board of Directors of HLT wishes to inform that HLT intends to seek its shareholders’ approval for the following proposals at the forthcoming Fifth Annual General Meeting of the Company:-

i. Proposed Renewal of Existing Shareholders’ Mandate and Proposed New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature ("Proposed Mandate"); and

ii. Proposed Amendments to Constitution of the Company (“Proposed Amendments”).

A Circular to Shareholders containing details of the Proposed Mandate and the Annual Report 2019 containing details of the Proposed Amendments will be announced and published on the Company's website in due course.

This announcement is dated 15 May 2020.