NOTICE OF TRANSFER OF BUSINESS - CARBON CARE ASIA LIMITED

NOTICE IS HEREBY GIVEN that CARBON CARE ASIA LIMITED 低碳亞洲有限公司 , a company incorporated in Hong Kong with limited liability with company registration number 1248726 whose registered office is at Suite 1908, CC Wu Building, 308 Hennessy Road, Wanchai, Hong Kong (the “Transferor”) carrying on certain businesses (the “Business”), one of which is the business of providing consultancy services on corporate sustainability and carbon strategy, greenhouse gas emissions reduction, climate competence, and environmental, social and governance reporting (the “Relevant Business”, and excluding the business related to green indexes, carbon asset funds, and green or sustainability bonds/loans), under the name of “CCA TES 企 業 服 務TRANSITION ESG SERVICE” and “CCA” at Suite 1908, CC Wu Building, 308 Hennessy Road, Wanchai, Hong Kong has agreed to transfer the Relevant Business (being part of the Business) and certain related assets (including goodwill) to DELOITTE ADVISORY (HONG KONG) LIMITED 德勤咨詢 ( 香港 ) 有限公司 , a company incorporated in Hong Kong with registered number 706836 whose registered office is at 35/F, One Pacific Place, 88 Queensway, Hong Kong (the “Transferee”).


Completion of the transfer is expected to take place on 21 March 2022 (or such later date as the Transferor and Transferee may agree in writing) (the “Transfer Date”) at the offices of the Transferee (or such other place or method as the Transferor and Transferee may agree).


With effect from the Transfer Date, the Transferee intends to carry on the Relevant Business under the name of “Deloitte Carbon Care Asia” at 35/F, One Pacific Place, 88 Queensway, Admiralty, Hong Kong.


All debts, liabilities and outgoings of the Relevant Business incurred by the Transferor before the Transfer Date shall be borne and paid by the Transferor absolutely.


NOTICE IS HEREBY GIVEN that at the expiration of one (1) month after the date of the last publication of this notice, the liability of the Transferee (if any) for all the debts and obligations arising out of the carrying on of the Relevant Business by the Transferor shall cease by virtue of the Transfer of Businesses (Protection of Creditors) Ordinance unless proceedings are instituted prior to such expiration.


Dated the 18th day of February 2022


Yang Chan & Jamison LLP
Solicitors for the Transferee
4008–4009, 40/F, One Pacific Place, 88 Queensway, Hong Kong


Winston & Strawn
Solicitors for the Transferor
42/F, Bank of China Tower, 1 Garden Road, Central, Hong Kong