VERTEX TECHNOLOGY ACQUISITION CORPORATION LTD(Incorporated as an exempted company in the Cayman Islands)(Company Registration No. 378671)

RESULTS OF EXTRAORDINARY GENERAL MEETING HELD ON 1 DECEMBER 2023

Capitalised terms used herein, but not otherwise defined, shall have the meaning ascribed to them in theshareholders’ circular dated 9 November 2023 (the "Circular").
The Board of Directors of the Company is pleased to announce that at the Extraordinary General Meeting of
the Company held on 1 December 2023 (the “EGM”), all resolutions relating to the matters set out in theNotice of EGM dated 9 November 2023 were duly passed.
(a) Details of votes cast at the EGM are as follows:FORResolutions

Ordinary Resolution 1
ProposedBusiness
Combination between theCompany and 17LIVE Inc.
by way of an acquisition by
the Company of the entire
issued and paid-up sharecapital of 17LIVE Inc. from
theVendorfor
thePurchase Consideration
Ordinary Resolution 2
Proposed allotment andissuance of 160,162,651
Consideration Shares at
the Issue Price of S$5.00
in partial satisfaction of theAGAINSTAs apercentageof total
number of
Number ofvotes forshares
and againsttheresolution
(%)

Total
number ofsharesrepresented
by votes forand against
the relevant
resolution

Number ofshares

28,791,632

27,504,632

95.53

1,287,000

4.47

28,789,632

27,504,632

95.54

1,285,000

4.46

1

As a
percentage
of total
number ofvotes forand against
theresolution(%)

FORResolutions

Purchase Consideration
for the Proposed Business
Combination
Ordinary Resolution 3
Proposed allotment andissuanceofup
to24,408,000
Earnout
Shares at the Issue Priceof S$5.00 to the Earnout
Shareholders in partial
satisfaction
ofthe
Purchase Consideration
for the Proposed Business
Combination, subject tothe satisfaction of the
FinancialTargetsforEarnout
Ordinary Resolution 4
Proposed allotment andissuanceofup
to2,000,000 Base PIPE
Shares at the Issue Priceof S$5.00 to the PIPE
Investors
Ordinary Resolution 5
Proposed allotment andissuanceofup
to3,760,600 Special Bonus
Shares at the Issue Priceof S$5.00 to the NonRedeeming Shareholders
and the PIPE Investors

AGAINSTAs a
percentage
of total
number of
Number ofvotes forsharesand against
theresolution
(%)

Total
number ofshares
represented
by votes forand against
the relevant
resolution

Number ofshares

28,786,632

27,498,132

95.52

1,288,500

4.48

28,789,132

27,505,132

95.54

1,284,000

4.46

28,791,132

27,508,132

95.54

1,283,000

4.46

2

As apercentage
of total
number ofvotes forand against
theresolution(%)

FORResolutions

Ordinary Resolution 6
Proposed adoption of theExecutive
Incentive
SchemeOrdinary Resolution 7
Proposed allotment andissuanceofupto2,550,000 EIS Shares at
the Issue Price of S$5.00
to the Key Executives,
subject to the satisfactionof the Financial Targets forEIS
Ordinary Resolution 8
Proposed adoption of theCompany Employee ShareOption Plan
Ordinary Resolution 9
Proposed allotment andissuanceofup
to2,114,891 ESOP Sharespursuant to the Company
Employee Share Option
Plan
Ordinary Resolution 10
Proposed
ChangeofCompany’s Independent
AuditorOrdinary Resolution 11
Proposed appointment ofMr. Phua Jiexian Joseph

AGAINST
As apercentage
of total
number of
Number ofvotes forsharesand against
theresolution
(%)

Total
number ofsharesrepresented
by votes forand against
the relevant
resolution

Number ofshares

28,300,132

20,696,832

73.13

7,603,300

26.87

28,302,632

20,698,832

73.13

7,603,800

26.87

28,302,132

20,697,832

73.13

7,604,300

26.87

28,304,632

20,699,832

73.13

7,604,800

26.87

28,787,032

27,513,632

95.58

1,273,400

4.42

28,783,332

27,511,332

95.58

1,272,000

4.42

3

As a
percentageof total
number of
votes forand against
theresolution(%)

FORResolutions

as a new Director uponCompletion
Ordinary Resolution 12
Proposed appointment of
Mr. Lien Chien-Lin as anewDirectorupon
Completion
Ordinary Resolution 13
Proposed appointment of
Mr. Akio Tanaka as a newDirector upon Completion
Ordinary Resolution 14
Proposed appointment ofMr. Hideto Mizuno as anew
Director
uponCompletion
Ordinary Resolution 15
Proposed appointment ofMs. Chen Xiuling as a new
Director upon Completion
Special Resolution 1
Proposed
ChangeofCompany’s
Nameto“17LIVE Group Limited”
Special Resolution 2
Proposed Adoption of the
New Memorandum andArticles of Association

AGAINSTAs a
percentageof total
number of
Number ofvotes forsharesand against
theresolution
(%)

Total
number ofsharesrepresented
by votes forand against
the relevant
resolution

Number ofshares

28,783,832

27,511,832

95.58

1,272,000

4.42

28,782,832

27,495,832

95.53

1,287,000

4.47

28,783,832

27,501,832

95.55

1,282,000

4.45

28,783,832

27,496,832

95.53

1,287,000

4.47

28,790,132

27,508,132

95.55

1,282,000

4.45

28,778,532

27,505,632

95.58

1,272,900

4.42

4As apercentage
of total
number ofvotes forand against
theresolution(%)

(b) Details of parties who are required to abstain from voting on the resolutions, including thenumber of Shares held and the individual resolutions on which they are required to abstain fromvoting:As set out in Section 39 of the Circular, the following parties are required to abstain from voting on thefollowing respective resolutions:
Proposed Adoption of the Company Employee Share Option Plan (“Company ESOP”)
The employees of the Enlarged Group and members of the Proposed New Board who are eligible toparticipate in the Company ESOP must abstain from voting in respect of their shareholdings (if any).
Proposed Adoption of the Executive Incentive Scheme (“EIS”)
Key Executives, comprising members of the management team of the Enlarged Group (including certain
C-suite executives and other executives of the Company) and certain members of the Proposed New
Board who are eligible to participate in the EIS must abstain from voting in respect of their shareholdings(if any).
(c) Name of firm and/or person appointed as scrutineer:
DrewCorp Services was appointed as the scrutineer for the poll conducted at the EGM.

BY ORDER OF THE BOARD
VERTEX TECHNOLOGY ACQUISITION CORPORATION LTD
Jiang Honghui
Executive Director & Chief Executive Officer
1 December 2023
Credit Suisse (Singapore) Limited and DBS Bank Ltd. were the joint issue managers for the Company'sinitial public offering (the “Offering”). Credit Suisse (Singapore) Limited, DBS Bank Ltd. and Morgan
Stanley Asia (Singapore) Pte. were the joint global coordinators, joint bookrunners and joint underwriters
for the Offering.

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