Terminate Subscription Agreement

INT MEDICAL (01501) announced that, according to the subscription agreement dated October 10, 2025, with Kinetic Medical Holdings Limited (Kinetic Medical, stock code: 2216), they agreed to subscribe for 91.0936 million shares of Kinetic Medical's new shares at a subscription price of HK$3.11 per share, with a total consideration of HK$283 million. On May 26, 2026, INT Medical and Kinetic Medical entered into a termination agreement, terminating the subscription agreement and any related transactions. Pursuant to the termination agreement, all obligations and liabilities under the subscription agreement were irrevocably discharged (excluding confidentiality obligations under the subscription agreement), and both parties waived any rights against each other (excluding confidentiality obligations under the subscription agreement). As of the date of this announcement, INT Medical has not made any payments to Kinetic Medical under the subscription agreement.