FOR IMMEDIATE RELEASE Singapore, 30 June 2025 – Raffles Capital Pte. Ltd. (“RC”) and Raffles Financial Group Limited (“RFG”) issue this official statement in response to recent incidents of false advertising and misrepresentation. We state unequivocally that RC and RFG have never conducted any form of fundraising activities in China, nor have we authorized any third party to carry out such activities on our behalf in China. Any claims to the contrary are false and misleading to the public. In recent months, we have identified several instances of unauthorized and deceptive use of our corporate name, which have resulted in reputational harm to our group. We urge the public to exercise caution and vigilance. If you encounter suspicious messages or unauthorized solicitations claiming affiliation with our group, please report them immediately to the relevant authorities. In the interest of transparency, we clarify that Raffles Financial Group Limited is majority- and controlling-owned by Raffles Capital Pte. Ltd., a company incorporated in Singapore. Raffles Capital was co-founded by Mr. Charlie In Nany Sing and Ms. Abigail Zhang Liying, both of whom continue to serve in strategic leadership roles within the group. We also wish to highlight our group’s international collaboration initiatives. Boustead APEX, Inc. (BAI) is a joint venture between Boustead & Company Limited (BCL) and Raffles Capital (RC), established to support ASEAN businesses—including those in China—in accessing global capital markets. Through BAI, we offer bespoke services such as Initial Public Offerings (IPOs), Over-the-Counter (OTC) listings, Real-World Asset (RWA) structures, and Real-Yield Asset (RYA) strategies, targeting markets in the United States, Oceania, and Singapore. RC and RFG remain steadfast in our commitment to integrity, transparency, and full regulatory compliance, and we will continue to provide trusted financial solutions to clients around the world. Media Contact: Corporate Communications Department Raffles Capital Pte. Ltd. Email: info@rafflescapital.us Website: www.rafflescapital.us

Singapore – 12 March 2025 – Boustead APEX, Inc. (BAI), a premier financial advisory firm, has solidified its position as one of the go-to IPO advisor for Asian companies (spanning ASEAN, Japan, Korea, and Greater China) seeking listings on leading U.S. exchanges, including the NYSE and NASDAQ. Their positioning is powered by Boustead & Company Limited, through its top-ranked U.S.-based underwriters, Boustead Securities, LLC and Sutter Securities, Inc (Boustead). With Asia-Pacific’s economic growth fueling cross-border capital market ambitions, BAI’s expertise bridges regional enterprises with global investors, offering end-to-end advisory services for seamless transitions to public markets. Its deep-rooted understanding of regulatory frameworks, investor expectations, and market dynamics positions BAI as a catalyst for Asian companies aiming to unlock value on the world stage. IPO Conference – Asia Edition 2025: Empowering Asia’s Next Generation of Public Companies BAI is spearheading the IPO Conference – Asia Edition 2025, a landmark event series designed to demystify the IPO journey for Asia-Pacific businesses. These conferences serves as a dynamic platform for CEOs, investors, legal experts, auditors, and underwriters to share actionable strategies for navigating U.S. listings. Attendees will benefit from the expertise of leading industry professionals, seasoned underwriters, legal experts, auditors, and advisors, exploring opportunities and addressing challenges across prominent exchanges like the NYSE and Nasdaq. The inaugural event in Singapore on January 17th was an overwhelming success, featuring a distinguished lineup of veteran US IPO underwriters, lawyers, auditors, and advisors. Building on this momentum, the next conference will be held in Hong Kong on March 5th. “We are thrilled to bring our expertise and resources to the vibrant Asian markets,” said Dr. Marcuz Tan, CEO of Boustead APEX, Inc. “With the support of the US-based Boustead and Singapore-based Raffles Capital, we are uniquely positioned to guide companies through the IPO process and unlock their full potential. The IPO Conference – Asia Edition 2025 is a testament to our commitment to fostering growth and innovation in the region.” “Asia-Pacific is a powerhouse of innovation and growth, and Boustead is proud to partner with Boustead APEX to bring these dynamic companies to the global stage. With our proven track record in US IPOs and BAI’s deep regional expertise, we are uniquely positioned to unlock opportunities for companies to access capital, expand their reach, and achieve their full potential on the world’s most prestigious exchanges.” Keith Moore, Boustead’s Executive Chairman Key Highlights: BAI Selected as Premier IPO Advisor: Focusing on the NYSE and NASDAQ listings for Asian companies (ASEAN, Japan, Korea, and Greater China). Strategic Backing: Powered by Boustead and its affiliates as a leading US-based small-cap underwriter. IPO Conference – Asia Edition 2025: A series of events designed to educate and connect businesses, investors, and IPO experts. Expert Insights: Featuring industry-leading speakers, seasoned professionals, and essential stakeholders. Global Market Access: Exploring opportunities and addressing challenges within the NYSE, and Nasdaq, and other prominent exchanges. Successful Singapore Launch: Overwhelmingly positive response from the inaugural event on January 17th. Upcoming Hong Kong Conference: March 5th, 2025. Followed by Malaysia Conference in April, and other Asian markets throughout 2025. Registration: Interested parties can register for the Hong Kong conference at: https://www.astracapital.asia/ipoconference About Boustead APEX, Inc. (BAI): Boustead APEX, Inc. (BAI) is a leading IPO advisory firm specializing in guiding Asian companies through the complexities of public listings on the NYSE and NASDAQ exchanges. Backed by US-based Boustead & Company Limited and Singapore-based Raffles Capital, BAI provides comprehensive support and access to global capital markets. For more information, please visit www.bousteadapex.com. About Boustead & Company Limited Boustead & Company Limited is a diversified financial services firm headquartered in Irvine, CA, with offices in Austin, Boca Raton, San Francisco, New York, Beijing, London, Mauritius, Monaco, Singapore, and Zug. Boustead & Company Limited and its affiliates offer mergers & acquisitions, capital markets, project finance, pre-transaction advisory, financial restructuring, sales & trading, crowdfunding, and business valuation services to emerging growth and middle-market companies. Media Contact Company Name: Boustead APEX, Inc Contact Person: Faralynn Wong Email: ir@bousteadapex.com Phone: +6583621332 Country: Singapore Website: https://www.bousteadapex.com

BAI's cornerstone investor Raffles Capital announces USD 10Bn SDG Impact Fund Hong Kong, March 10, 2025 — In a landmark collaboration, the United States-incorporated Raffles SDG Fund and Tai Chuang Yuan Group (TCY) have announced the launch of the SDG Impact Fund (SIF), a groundbreaking initiative aimed at supporting Asian companies aligned with the United Nations’ 17 Sustainable Development Goals (SDGs). The fund will specifically target companies poised to qualify for a US Initial Public Offering (IPO) within the next 24 months, providing them with the capital and resources needed to scale their impact-driven businesses. Driving Sustainable Growth and Impactful Investment The SDG Impact Fund (SIF) will invest in companies whose missions and operations align with the SDGs, focusing on delivering products and services that promote peace, prosperity, and planetary preservation. By bridging the gap between sustainable development and capital markets, SIF aims to accelerate the growth of businesses that are not only financially viable but also socially and environmentally transformative. Raffles SDG Fund, established by the founders of Raffles Capital Limited as a non-profit entity, is dedicated to building, managing, and allocating funds to organizations that drive meaningful change for people and the planet. Raffles Capital, a diversified financial services group, brings extensive expertise in corporate finance advisory, venture acceleration, public and private listing consultations, investor relations, private banking, and wealth management, including life insurance brokerage. Tai Chuang Yuan Group (TCY), with its roots in Taiwan, has a proven track record in managing 62 agriculture and incubation farms across China. TCY specializes in investments and projects related to food security, supply chain optimization, environmental enhancements, renewable energy, waste-to-wealth technologies, and healthcare. Their deep industry knowledge and commitment to sustainable development make them an ideal partner for this initiative. A Force for Good Dr. Charlie In, representing Raffles Capital, emphasized the transformative potential of the fund: “By combining the resources, expertise, and experience of TCY and Raffles Capital, SIF has the potential to be a powerful force for good—good for people and good for the planet. We are committed to investing in companies that can deliver significant positive impact, driving both social and environmental progress.” Dr. Linda Lee of Tai Chuang Yuan Group highlighted the fund’s focus on agriculture and sustainability: “Agriculture is the foundation of human civilization, and SIF is designed to empower farmers and farming communities by investing in advanced techniques and technologies. From recycling agricultural waste to optimizing supply chains and reducing carbon footprints, SIF will prioritize investments that enhance productivity, profitability, and sustainability.” Unlocking Capital for Sustainable Ventures SIF is uniquely positioned to act as a mother fund, supporting countries, communities, provinces, trade associations, and cooperatives in raising capital for their SDG-aligned projects and ventures. The fund will assist these entities in issuing B.O.S.S. (Bonds, Options, Shares, Structured-notes), enabling them to secure the necessary funding to grow and scale their initiatives. This partnership between Raffles SDG Fund and Tai Chuang Yuan Group marks a significant step forward in aligning capital markets with the global sustainability agenda. By empowering SDG-aligned companies to access public markets, SIF aims to create a ripple effect of positive change across Asia and beyond. For media inquiries, please contact: Tiffany Chai Email: tiffany@apexcapital.asia About Raffles SDG Fund: Raffles SDG Fund is a non-profit entity established by the founders of Raffles Capital Limited. It is dedicated to building, managing, and allocating funds to organizations that drive positive social and environmental impact in alignment with the United Nations’ Sustainable Development Goals. About Tai Chuang Yuan Group (TCY): Originating from Taiwan, TCY specializes in agriculture, food security, renewable energy, waste-to-wealth technologies, and healthcare. With a portfolio of 62 agriculture and incubation farms in China, TCY is committed to advancing sustainable development through innovative investments and projects. About SDG Impact Fund (SIF): The SDG Impact Fund (SIF) is a collaborative initiative between Raffles SDG Fund and Tai Chuang Yuan Group. It aims to invest in SDG-aligned Asian companies preparing for US IPOs within the next 24 months, providing them with the capital and resources needed to scale their impact-driven businesses. Contact Info: Name: Tiffany Chai Email: tiffany@apexcapital.asia Organization: SDG Impact Fund (SIF) Website: http://apexcapital.asia

Fantastic gathering of investors and businesses at the inaugural Sustainable Innovation & Investment Gala (S2iG), chaired by His Royal Excellency Dr Mohammad Khalifa UAE. Dr. Charlie In and Dr. Marcuz Tan are part of the spotlight of intersection of sustainability, innovation, and investment. A special thanks to Dr. Sharmila and Jerry Tan for the invitation! https://www.linkedin.com/feed/update/urn:li:activity:7255874464461029376/?actorCompanyId=90653910 #sdg #sustainable #rafflescapital #bousteadsecurities #investment #capital #innovation

Asia Biofuel Corporation (ABC) is tackling one of the most critical challenges of our time: sustainable energy. Specializing in the production of biofuels from organic materials, ABC is making strides toward offering an eco-friendly alternative to fossil fuels. Focused on the rapidly growing Asian market, particularly Vietnam, the company is working to address energy demand while reducing environmental impact. ABC’s strategic plans aim to streamline production processes and scale operations, allowing the company to capitalize on the growing demand for renewable energy solutions. By investing in ABC, you’re not just backing a company—you’re supporting a vision for a cleaner, more sustainable future. Discover the potential of biofuel investments by exploring Asia Biofuel Corporation on Boustead APEX Exchange. https://exchange.bousteadapex.com/asiabiofuelcorporation

In today’s competitive business environment, finding the right talent is essential for long-term success. CharacterBank™ is redefining the hiring process by introducing Character Code™, an AI-powered character profiling tool that goes beyond traditional assessments. By focusing on core character traits, Character Code™ helps companies identify candidates who will not only excel in their roles but align seamlessly with organizational culture. This approach promises to reduce costly turnover and improve workplace productivity, making CharacterBank a trailblazer in AI-driven HR solutions. For investors, this is a rare opportunity to enter the fast-growing HR tech market, where CharacterBank’s proprietary technology positions it as a leader in revolutionizing talent acquisition. Learn how CharacterBank is setting a new standard for hiring by visiting Boustead APEX Exchange. https://exchange.bousteadapex.com/characterbank

Circle Climate Corporation (CCC) is on a mission to overhaul the recycling industry in the United States. Currently, the recycling rate for paper and cardboard hovers around 67%, but CCC believes it can drive that number to 100% with a pioneering approach. By establishing a network of smaller, efficient recycling plants, CCC is not only increasing the capacity for recycling but also doing so in a way that minimizes environmental harm. This model aims to reduce waste and boost profitability, making CCC an attractive investment opportunity for those interested in sustainable business models. With the growing demand for effective recycling solutions, CCC’s scalable approach holds significant promise for both environmental impact and financial growth. Get a closer look at how CCC is leading the way in recycling innovation on Boustead APEX Exchange. https://exchange.bousteadapex.com/circleclimatecorporation

As cyber threats continue to escalate, organizations need robust, innovative solutions to protect their digital assets. Cybernatics Technology Group Inc. (CTGI) provides just that, offering a military-grade cybersecurity platform that’s already gaining traction in North America and the Indo-Pacific regions. With a focus on safeguarding intangible assets, Cybernatics is strategically positioned in a digital economy where intellectual property protection is paramount. This U.S.-based company, supported by its Singapore counterpart, Cybernatics Pte Ltd, offers cutting-edge capabilities that cater to the growing cybersecurity needs of corporations globally. Investing in CTGI means supporting a company that is not only protecting today’s digital landscape but also securing future growth potential in a high-demand industry. Discover how Cybernatics is pioneering cybersecurity innovation on Boustead APEX Exchange. https://exchange.bousteadapex.com/cybernatics

As Mottainai KK prepares for a potential Tokyo Stock Exchange listing, it offers a compelling investment into a sustainable future and a circular economy model that turns waste into wealth. In a world increasingly focused on sustainability and environmental responsibility, Mottainai KK is making waves as a trailblazer in the waste-to-wealth sector. Translating to "too good to be wasted" in Japanese, Mottainai’s name speaks volumes about its mission: to transform waste into valuable resources and foster a circular economy that benefits both the planet and society. As the company positions itself for a potential listing on the Tokyo Stock Exchange (TSE), investors are paying attention to its unique approach, promising growth trajectory, and unwavering commitment to sustainable solutions. *A Visionary Approach to a Growing Opportunity* Formed to address the mounting waste and food security challenges of today, Mottainai KK focuses on converting waste into rich, usable resources. The company's founders bring deep expertise across sectors like waste-to-energy, farmland remediation, agro-biotechnology, and plastic replacement. Together, they’ve built a robust platform to address critical environmental issues while creating profitable opportunities for growth. Mottainai’s strategy aligns seamlessly with the United Nations Sustainable Development Goals (SDGs), particularly Goal 17, which emphasizes partnerships to achieve peace, prosperity, and progress for people and the planet. Guided by this ethos, Mottainai’s business model doesn’t just promise returns but also a positive environmental and social impact, making it an attractive prospect for ESG-conscious investors. *A Unique, Asset-Light Corporate Strategy* What sets Mottainai apart in the waste-to-wealth sector is its asset-light corporate strategy. Rather than investing heavily in property, plant, and equipment (PPE), Mottainai operates through partnerships with outsourced processing contractors (OPCs). These OPCs are responsible for planting, processing, and producing goods for Mottainai’s clients, primarily in Japan and Southeast Asia. Mottainai supports its OPCs by providing raw materials, feedstock, and state-of-the-art equipment. By doing so, it maintains a lean operation while giving its contractors the tools they need to meet high-quality production standards. This approach minimizes Mottainai’s operational risks and enhances scalability, creating an agile framework for future expansion. In addition to supplying the necessary resources, Mottainai enters into long-term, 10+10-year contracts with OPCs. These contracts are designed to foster stability and provide OPCs with the assurance of ongoing business, with Mottainai receiving a usage fee of 10% of sales revenue, paid quarterly. This structure creates a steady revenue stream and aligns the incentives of both parties, ensuring sustainable growth on all sides. *Preparing for TSE Listing and a USD 1 Million Capital Raise* As Mottainai sets its sights on a potential TSE listing, the company plans to raise USD 1 million by placing one million shares at USD 1 per share, with a minimum investment lot of USD 2,500. This initial capital will be critical to scaling its operations, activating its USD 10 million trade-finance facility, and supporting the company’s ambitious mission of turning waste into valuable resources. The funds will also help Mottainai grow its operational footprint, enhancing its procurement and production capabilities to serve the expanding demand for sustainable products in Japan and Southeast Asia. By supporting the purchase of additional raw materials and upgrading its contractor network, Mottainai ensures it can meet the requirements of its diverse clientele while staying true to its sustainability objectives. *Creating Tangible Value Through Sustainability* While profitability is undoubtedly a focus for Mottainai, the company is equally driven by a commitment to sustainability. By promoting a circular economy model, Mottainai offers a dual benefit: it turns discarded resources into value and reduces environmental impact at scale. Waste becomes wealth under Mottainai’s approach, as the company works to address the global waste crisis through innovative, responsible practices. For example, Mottainai’s work in farmland remediation and plastic replacement technologies showcases its commitment to tackling some of the world’s most pressing environmental issues. By converting waste into bio-based products and sustainable alternatives, Mottainai not only reduces waste but also supports food security initiatives, positively impacting communities across its target markets. *An Investment in the Future of Sustainability* Mottainai KK presents a rare investment opportunity—one that not only aims for financial returns but also promises to drive real-world impact. Investors interested in ESG principles and the transformative potential of the circular economy model will find Mottainai’s business and mission compelling. The company’s potential listing on the Tokyo Stock Exchange marks a new chapter for Mottainai and its stakeholders. With a clear vision, a proven asset-light strategy, and a strong commitment to sustainability, Mottainai KK is poised to become a leader in the waste-to-wealth sector. For more information on Mottainai’s journey and investment opportunities, visit [Company Website]. As the company moves toward its TSE listing and continues to expand its sustainable solutions, Mottainai KK offers investors a front-row seat to a more sustainable, prosperous future. https://mottainai.apexipo.info/

For Immediate Release Boustead APEX advises Mottainai, NetZero to IPO on Tokyo Stock Exchange for Sustainability Singapore – October 30, 2024 – Boustead Apex, Inc. (BAI) today announced its commitment to advancing the plans of two Singapore-based firms, Mottainai and NetZero, to pursue listings on the Tokyo Stock Exchange (TSE)—the world’s third-largest stock exchange, with a market capitalization exceeding USD 6 trillion. This decision follows the TSE’s IPO event held in Singapore on October 22, 2024, which promoted the listing of foreign companies on its exchange. Mottainai KK is in the waste-to-wealth circular economy, converting agricultural, municipal, and petroleum waste into sustainable energy, fertilizers, and biochar for the Japanese market. Driven by a mission to rehabilitate degraded farmland, Mottainai addresses soil toxicity and acidity to enhance crop productivity and quality. NetZero, a carbon credit creator, converts waste into green coal substitutes for Japan’s steelmakers and major power producers. In alignment with its carbon neutrality goals, NetZero aims to support Japan’s heavy coal users in reducing carbon emissions through green coal substitutes. “BAI has been instrumental in advising Mottainai and NetZero, facilitating strong support from the USD 10 billion SDG Impact Investment Consortium led by Raffles Capital,” said Dr. Marcuz Tan, CEO of Boustead APEX, Inc. The companies work closely with waste feedstock providers and specialized production contractors across Southeast Asia, with plans to supply recycled and repurposed products to Japan. Shipments are coordinated through prominent trading firms, including Mitsui, Itochu, Sumitomo, Marubeni, and Sojitz. Under the same parent company as Boustead Securities LLC — a USA leading small-cap IPO underwriter established since 2006—BAI provides strategic advisory support to Mottainai and NetZero. In collaboration with Mitsubishi UFJ Financial Group (MUFG), BAI is delivering IPO listing strategies and investor relations programs to position these issuers for success in the Japanese market. Boustead APEX, Inc. Boustead APEX, Inc. (BAI) is majority own by Boustead & Company Limited, and offers comprehensive corporate advisory services, including private-to-public listing strategies, mergers and acquisitions consultation, and up-valuation and up-listing support for undervalued companies. Media Contact: Faralynn Wong Email: faralynn@bousteadapex.com Website: www.bousteadapex.com

For Immediate Release Boustead APEX advises Mottainai, NetZero to IPO on Tokyo Stock Exchange for Sustainability Singapore – October 30, 2024 – Boustead Apex, Inc. (BAI) today announced its commitment to advancing the plans of two Singapore-based firms, Mottainai and NetZero, to pursue listings on the Tokyo Stock Exchange (TSE)—the world’s third-largest stock exchange, with a market capitalization exceeding USD 6 trillion. This decision follows the TSE’s IPO event held in Singapore on October 22, 2024, which promoted the listing of foreign companies on its exchange. Mottainai KK is in the waste-to-wealth circular economy, converting agricultural, municipal, and petroleum waste into sustainable energy, fertilizers, and biochar for the Japanese market. Driven by a mission to rehabilitate degraded farmland, Mottainai addresses soil toxicity and acidity to enhance crop productivity and quality. NetZero, a carbon credit creator, converts waste into green coal substitutes for Japan’s steelmakers and major power producers. In alignment with its carbon neutrality goals, NetZero aims to support Japan’s heavy coal users in reducing carbon emissions through green coal substitutes. “BAI has been instrumental in advising Mottainai and NetZero, facilitating strong support from the USD 10 billion SDG Impact Investment Consortium led by Raffles Capital,” said Dr. Marcuz Tan, CEO of Boustead APEX, Inc. The companies work closely with waste feedstock providers and specialized production contractors across Southeast Asia, with plans to supply recycled and repurposed products to Japan. Shipments are coordinated through prominent trading firms, including Mitsui, Itochu, Sumitomo, Marubeni, and Sojitz. Under the same parent company as Boustead Securities LLC — a USA leading small-cap IPO underwriter established since 2006—BAI provides strategic advisory support to Mottainai and NetZero. In collaboration with Mitsubishi UFJ Financial Group (MUFG), BAI is delivering IPO listing strategies and investor relations programs to position these issuers for success in the Japanese market. Boustead APEX, Inc. Boustead APEX, Inc. (BAI) is majority own by Boustead & Company Limited, and offers comprehensive corporate advisory services, including private-to-public listing strategies, mergers and acquisitions consultation, and up-valuation and up-listing support for undervalued companies. Media Contact: Faralynn Wong Email: faralynn@bousteadapex.com Website: www.bousteadapex.com