Dear Sirs / Madam, We would like to inform you that the following business was transacted at the meeting of the Board of Directors of QGO Finance Limited (the 'Company') held today, i.e., Monday, January 13, 2025, at 04:30 PM, which concluded at 04:50 PM. The Board has, inter alia, considered, approved, and taken on record the following: 1. A proposal to raise funds by way of issuance of Non-Convertible Debentures under Private Placement Basis. 2. Revision in the terms of 200 existing Unsecured Unlisted Transferable Non-Convertible Debentures (NCDs) with the lock in period end date being revised to facilitate early redemption. 3. Split of Non-Convertible Debenture (NCD) certificate.