31 July 2024

MobilityOne Limited

("MobilityOne", the "Company" or the "Group")

Update in relation to the publication of Annual Report and Accounts

MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, provides the following update in relation to its annual report and accounts for the year ended 31 December 2023 ("FY 2023").

On 27 June 2024 the Company announced, amongst other matters, that the preparation of the Company's financial statements for FY 2023 has been ongoing and that the Company expects the accounts to be published by the end of July 2024. While the Company has made substantial progress in relation to the preparation of its financial statements for FY 2023 and is nearing completion of the audit process, the finalisation of the audited accounts remains ongoing. In particular, further work is needed to be completed in connection with the audit of the Company's 49% interest in Sincere Acres Sdn Bhd, which will be held as an associated company on the Group's balance sheet.

Accordingly, the Company now anticipates publishing its FY 2023 accounts in August 2024.

The Company's ordinary shares remain suspended pending publication of the audited FY 2023 annual accounts.

For further information, please contact:

MobilityOne Limited                                                                         +6 03 89963600

Dato' Hussian A. Rahman, CEO                                                        www.mobilityone.com.my

har@mobilityone.com.my

Allenby Capital Limited

(Nominated Adviser and Broker)                                                        +44 20 3328 5656

Nick Athanas / Vivek Bhardwaj

About the Group:

MobilityOne is one of the leading virtual distributors of mobile prepaid reload and bill payment services in Malaysia. With connections to various service providers across industries such as banking, telecommunications, utilities, government agencies, and transportation, the Group operates through multiple distribution channels including mobile wallets, e-commerce sites, EDC terminals, automated teller machines, kiosks, and internet & mobile banking. Holding licenses in regulated spaces including acquiring, e-money, remittance and lending, the Group offers a range of services to the market, including wallet, internet, and terminal-based payment services, e-money, remittance, lending, and custom fintech ecosystems for communities. The Group's flexible, scalable technology platform enables cash, debit card, and credit card transactions from multiple devices while providing robust control and monitoring of product and service distribution.

For more information, refer to our website at www.mobilityone.com.my