Investor Presentaiton

Global IPO market: 2023 highlights Market uncertainties and a weak macroeconomy slowed global IPO activities in 2023 Geopolitical uncertainty Global IPO funds raised (2019-2023) (USD'B) 2,510 468 High interest rates 1,493 1,520 1,191 Economic recovery No. of deals 2023 Global IPO funds raised (by quarter) (USD'B) 4th Qtr 3rd Qtr 2nd Qtr 1st Qtr 24 27 39 41 (1) Analysis based on actual data as at 31 December 2023. 1,371 USD131.1B Total Funds Raised Decrease of -35% compared to 2022 1,371 Completed IPOS Decrease of ~10% compared to 2022 14 Deals with fund raised >USD 1B Decrease of ~45% compared to 2022 il. USD95.6M Average Deal Size Decrease of ~25% compared to 2022 279 213 23 196 131 2019 2020 2021 2022 2023 (2) Sources: Bloomberg and KPMG analysis, included REIT deals and excluded special purpose acquisition company ("SPAC" or "blank check") deals. KPMG ©2024 KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved Chinese Mainland and Hong Kong IPO markets | 4

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