Directorate Change

4 July 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN.

For Immediate Release

Fragrant Prosperity Holdings Limited ("Fragrant Prosperity" or the "Company")

Change of Director

Fragrant Prosperity Holdings Limited (the "Company"), incorporated in the British Virgin Islands ("BVI") and formed to undertake an acquisition of a target company or business in the technology sector in Europe and/or Asia is pleased to announce that Mahesh s/o Pulandaran has joined the board of directors with effective from 31 October 2017.

Mahesh has been in Financial Services for 20 years having begun his career in audit and assurances in the UK before moving to Asia with Deloitte. Mahesh has advised various blue chip companies including Microsoft and Caterpillar. He moved to offshore banking with HSBC covering the South Asian emerging markets before joining Coutts and Co International. Mahesh now leads the Trust Division of CorPa Asia Advisory Pte Ltd in Asia, as the Regional Head based in Singapore. In his various roles within the financial services, he has added value both upstream and down, bringing about value to stakeholders across all industries.

There is no further information on Mahesh s/o Pulandaran required to be disclosed under LR 9.6.13R (1) - (6) of the UKLA's Listing Rules.

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