On 18 January 2021, LHCS, a wholly-owned subsidiary of Life Healthcare Group Limited, entered into the Joint Venture Agreement with the Joint Venture Partner pursuant to which the parties agreed to jointly establish the Joint Venture Company. The Joint Venture Company will be a limited liability company to be established in accordance with the requirements of the laws of the Kingdom of Cambodia and the provisions of the Joint Venture Agreement. The proposed name of the Joint Venture Company is Life Healthcare Information Technology Co. Ltd. Purpose of the Joint Venture Company: The Joint Venture Company will be primarily engaged in the investment in and/or operations of the following: Medical and health big data platforms, medical e-commerce, remote diagnosis and treatment; Mergers and acquisitions and reorganisations of chain drugstores, investments in and acquisitions of hospital management companies; production bases of medicine and medical products; CRO research and development services for innovative drugs; Sales and promotion agency of medicine, medical equipment and medical related materials; Medical informatization and hospital cooperation projects; Medical financial service products; and other medical health businesses as may be agreed by the parties.