Reference is made to the amended announcement released by the Company on 6 April 2022 pertaining to the offer and grant of options under the Share Issuance Scheme ("SIS") of the Company ("Announcement").

The Board of Directors of SCANWOLF wishes to inform that there are no vesting period and conditons determined by the SIS Committee pursuant to By-Law 5.5 of the By-Laws of the SIS.

Therefore, the "Vesting period of the options offered"  as stated in item (f) of the Announcement  should reads as "None" instead of "5 years from the date of offer". Other information in the Announcement  shall remain unchanged.  

This announcemnet is dated 28 April 2022.