Exhibit 15.1



UNAUDITED PRO FORMA CONDENSED
COMBINED FINANCIAL INFORMATION



Capitalized terms used
but not defined herein shall have the meanings as terms defined and included elsewhere in the Report and, if not defined in the Report,
in the proxy statement/prospectus dated May 4, 2022 (as supplemented to date, the “Proxy Statement/Prospectus”) filed by Prenetics
Group Ltd with the Securities and Exchange Commission (the “SEC”) as part of its registration statement on Form F-4 (Registration
No. 333-260928).



The following unaudited pro
forma condensed combined financial information presents the combination of the financial information of Artisan and Prenetics adjusted
to give effect to the Business Combination and related transactions, and have been prepared in accordance with Article 11 of Regulation
S-X.



Artisan is a blank check
company incorporated in the Cayman Islands on February 2, 2021. Artisan was formed for the purpose of entering into a merger, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.



Prenetics is an
exempted company limited by shares incorporated under the laws of the Cayman Islands. Prenetics Group’s mission is to bring
health closer to millions of people globally and seek to decentralize healthcare by making the three pillars — Prevention,
Diagnostics and Personalized Care — comprehensive and accessible to anyone, at anytime and anywhere. Prenetics Group’s
preventive health testing services are genetic testing (under the brand named CircleDNA) for general health purposes and stool-DNA
screening test for detecting colorectal cancer and advanced adenoma (under the brand named ColoClear). CircleDNA utilizes whole
exome sequencing technology that conducts a full scan on individuals’ protein-coding genes, analyzing genetic variations
across different categories and providing personalized reports with a saliva sample. ColoClear uses advanced stool DNA technology to
detect abnormal DNA markers and blood cells in human stool that precancerous polyps and colon cancer can cause. It is developed as a
convenient and less invasive alternative to colonoscopy. Since April 2020, Prenetics Group has started to provide polymerase chain
reaction (“PCR”) diagnostic testing services for COVID-19 to individuals, corporates for their employees or customers
and governments for community testing. Prenetics Group operates and owns its own accredited laboratory in Hong Kong. Prenetics Group
also engages in research and development activities to advance its preventive, diagnostic and personalized healthcare solutions.
Prenetics Group is headquartered in Hong Kong.



The historical financial
information of Artisan was derived from the audited financial statements of Artisan as of and for the period from February 2, 2021 (inception)
through December 31, 2021 included in the Proxy Statement/Prospectus. The historical financial information of Prenetics was derived from
the audited financial statements of Prenetics as of and for the year ended December 31, 2021 included in the Proxy Statement/Prospectus.
This information should be read together with Artisan’s and Prenetics’ audited financial statements and related notes, the
sections titled “Artisan’s Management’s Discussion and Analysis of Financial Condition and Results of Operations,”
and “Prenetics’ Management’s Discussion and Analysis of Financial Condition and Results of Operations"
and other financial information included in the Proxy Statement/Prospectus.



The unaudited pro forma condensed
combined financial information has been presented for illustrative purposes only and is not necessarily indicative of the financial position
and results of operations that would have been achieved had the Business Combination and related transactions occurred on the dates indicated.
Further, the unaudited pro forma condensed combined financial information may not be useful in predicting the future financial condition
and results of operations of the post-combination company. The actual financial position and results of operations may differ significantly
from the pro forma amounts reflected herein due to a variety of factors. The unaudited pro forma adjustments represent management’s
estimates based on information available as of the date of the unaudited pro forma condensed combined financial information and is subject
to change as additional information becomes available and analyses are performed.













Description of the Business Combination



On May 18, 2022 (the
 “Closing Date”), PubCo consummated the previously announced business combination pursuant to the Business Combination
Agreement, dated as of September 15, 2021, as amended by an Amendment to Business Combination Agreement dated as of March 30, 2022,
by and among PubCo, Artisan, Artisan Merger Sub, Prenetics Merger Sub and Prenetics, pursuant to which (i) Artisan merged with and
into Artisan Merger Sub, with Artisan Merger Sub surviving and remaining as PubCo’s wholly-owned subsidiary and (ii)
following the Initial Merger, Prenetics Merger Sub merged with and into Prenetics, with Prenetics being the surviving entity and
becoming PubCo’s wholly-owned subsidiary.



As part of the Business Combination:
(i) each of Artisan’s units (each consisting of one Class A ordinary share, par value $0.0001 per share, of Artisan (’‘Artisan
Public Shares’’) and one-third of one redeemable warrant, each entitling its holder to purchase one Artisan Public Share at
an exercise price of $11.50 per share, subject to adjustment (“Artisan Public Warrant”)) issued and outstanding immediately
prior to the effective time of the Initial Merger (the “Initial Merger Effective Time”) was separated into one Artisan Public
Share and one-third of an Artisan Public Warrant; (ii) each Artisan Public Share issued and outstanding immediately prior to the Initial
Merger Effective Time (excluding Artisan Public Shares that have been redeemed and Artisan treasury shares) was cancelled in exchange
for the right to receive 1.29 newly issued Class A Ordinary Share of PubCo, par value $0.0001 per share (“Class A Ordinary Share”);
(iii) each Artisan Public Warrant outstanding immediately prior to the Initial Merger Effective Time was assumed by PubCo and converted
into a warrant to purchase 1.29 Class A Ordinary Shares (“Warrant”), subject to substantially the same terms and conditions
prior to the Initial Merger Effective Time; (iv) each of the outstanding ordinary shares of Prenetics, par value $0.0001 per share (“Prenetics
Ordinary Shares”) and the outstanding Prenetics preferred shares, par value $0.0001 per share (“Prenetics Preferred Shares”
and collectively with Prenetics Ordinary Shares, “Prenetics Shares”) (excluding shares that are held by Prenetics shareholders
that exercise and perfect their relevant dissenters’ rights, Prenetics Key Executive Shares (as defined below) and Prenetics treasury
shares) was cancelled in exchange for the right to receive such fraction of Class A Ordinary Share that is equal to the quotient obtained
by dividing $20.330979812 by $10.00 (the “Exchange Ratio”), or 2.033097981 Class A Ordinary Shares for each Prenetics Share;
and (v) each of the Prenetics Shares held by Danny Yeung (the “Prenetics Key Executive Shares”), the co-founder and chief
executive officer of Prenetics, was cancelled in exchange for the right to receive such fraction of a newly issued Class B Ordinary Share
of PubCo, par value $0.0001 per share (“Class B Ordinary Shares” and collectively with Class A Ordinary Shares, “Ordinary
Shares”) that is equal to the Exchange Ratio.













Substantially
concurrently with the execution and delivery of the Business Combination Agreement, (i) PubCo, Artisan and certain third-party
investors (the “PIPE Investors”) entered into share subscription agreements (the “PIPE Subscription
Agreements”) pursuant to which the PIPE Investors committed to subscribe for and purchase, in the aggregate, 6,000,000 Class A
Ordinary Shares for $10 per share for an aggregate purchase price equal to $60,000,000; and (ii) the Forward Purchase Agreements
entered into at the time of Artisan’s initial public offering with Aspex Master Fund and Pacific Alliance Asia Opportunity
Fund L.P. were amended by the Deeds of Novation and Amendment as of September 15, 2021, pursuant to which Aspex Master Fund and
Pacific Alliance Asia Opportunity Fund L.P. committed to subscribe for and purchase, in the aggregate, 6,000,000 Class A Ordinary
Shares and 1,500,000 Warrants for an aggregate purchase price equal to $60,000,000 (such amended Forward Purchase Agreements, the
 “Amended Forward Purchase Agreements”). The PIPE Subscription Agreements were amended by the Amendment Agreements dated
as of March 30, 2022 (the PIPE Subscription Agreements, as amended, the “Amended PIPE Subscription Agreements”),
pursuant to which, the number of Class A Ordinary Shares to be purchased by the PIPE Investors  was increased to 7,740,000. On the
Closing Date, the PIPE investors purchased 7,198,200 Class A Ordinary Shares for an aggregate purchase price of $55,800,000. The
Deeds of Novation and Amendment were amended by the Deeds of Amendment to Deed of Novation and Amendment on March 30, 2022, pursuant
to which, among other things, the number of Class A Ordinary Shares to be purchased by each of Aspex Master Fund and Pacific
Alliance Asia Opportunity Fund L.P.  was increased to 3,870,000. On April 29, 2022, PubCo, Artisan, Pacific Alliance Asia Opportunity
Fund L.P. and PAG Quantitative Strategies Trading Limited (together with Aspex Master Fund, the “Forward Purchase
Investors”) entered into a Deed of Assignment, pursuant to which Pacific Alliance Asia Opportunity Fund L.P. assigned to PAG
Quantitative Strategies Trading Limited its rights and obligations under the Amended Forward Purchase Agreements and the Deeds of
Amendment to Deed of Novation and Amendment.



Anticipated Accounting
Treatment



Notwithstanding the legal
form of the Business Combination pursuant to the Business Combination Agreement, the Business Combination will be accounted for as a reverse
merger in accordance with IFRS as issued by the IASB. Under this method of accounting, Artisan will be treated as the “acquired”
company and Prenetics will be treated as the acquirer for financial statement reporting purposes. Prenetics has been determined to be
the accounting acquirer based on evaluation of the following facts and circumstances:



| | • | Prenetics’ shareholders will have the largest voting interest in PubCo;
| | - | -----------------------------------------------------------------------



| | • | Prenetics’ shareholders will have the ability to nominate at least a majority of the members of
the Board of Directors of the combined entity;
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------



| | • | Prenetics’ senior management is the senior management of the post-combination company; and
| | - | ------------------------------------------------------------------------------------------



| | • | Prenetics is the larger entity, in terms of substantive operations and employee base.
| | - | -------------------------------------------------------------------------------------



The Business Combination,
which is not within the scope of IFRS 3 since Artisan does not meet the definition of a business in accordance with IFRS 3, is accounted
for as a share-based payment transaction within the scope of IFRS 2. The net assets of Prenetics will be stated at their pre-combination
carrying amounts, with no goodwill or other intangible assets recorded. Any excess of the fair value of consideration transferred to Artisan
shareholders over the fair value of Artisan’s identifiable net assets acquired represents compensation for the service of a stock
exchange listing for its shares and is expensed as incurred.



Basis of Pro Forma
Presentation



Pursuant
toArtisan’s existing charter,Artisan’sPublic Shareholders were offered the opportunity to redeem, upon closing of the Business
Combination,Artisan Class A Ordinary Shares held by them for cash equal to their pro rata
share of the aggregate amount on deposit in the Trust Account. The unaudited pro forma condensed combined financial statements reflect
the actual redemption of 28,878,277Artisan Class A Ordinary Shares at approximately$10.01
per share.













The following summarizes
the number of PubCo ordinary shares outstanding at Closing Date:



|                                            |  | Share Ownership in PubCo(1)        |            
|------------------------------------------- |  | ---------------------------------- | -----------
|                                            |  | Number of Class A
 Ordinary Shares |            
|Prenetics Shareholders                      |  |                                    | 71,804,039 
|Artisan Public Shareholders(3)              |  |                                    | 6,522,186  
|Sponsor and certain Artisan directors(2)(4) |  |                                    | 7,033,558  
|PIPE investors(5)                           |  |                                    | 7,198,200  
|Forward Purchase Investors(2)(6)            |  |                                    | 8,707,500  
|Pro forma Combined Company Ordinary Shares  |  |                                    | 101,265,483



(1) The share amounts and ownership percentages set forth above are not indicative of voting percentages and do not take into account (i) public warrants and private warrants that will remain outstanding immediately following the Business Combination and may be exercised thereafter and (ii) any outstanding Prenetics RSUs, vested or unvested, that were assumed by PubCo upon the completion of the Business Combination.



(2) The share amounts reflect the transfer of 750,000 Artisan Class B ordinary shares from the Sponsor to the Forward Purchase Investors in connection with the Forward Purchase Agreements. The 750,000 outstanding Artisan Class B ordinary shares held by the Forward Purchase Investors were exchanged into Artisan Class A ordinary shares on a one-for-one basis. The Artisan Class A ordinary shares held by the Forward Purchase investors were then converted into the number of PubCo Class A ordinary shares equal to the Class A Exchange Ratio of 1.29.



(3) Outstanding Artisan Class A ordinary shares held by the Artisan Public Shareholders were converted into the number of PubCo Class A ordinary shares equal to the Class A Exchange Ratio of 1.29.



(4) Outstanding Artisan Class B ordinary shares held by the Sponsor and certain Artisan directors were exchanged (a) with respect to the 9,133,558 Artisan Class B ordinary shares held by the Sponsor, into the number of Artisan Class A Ordinary Shares equal to (x) 9,133,558 minus 2,200,000, divided by (y) the Class A Exchange Ratio of 1.29 and (b) with respect to the 100,000 Artisan Class B ordinary shares held by certain Artisan directors, into the number of Artisan Class A ordinary shares equal to (x) 100,000 divided by (y) the Class A Exchange Ratio of 1.29. The Artisan Class A ordinary shares held by the Sponsor and certain Artisan directors were then converted into the number of PubCo Class A ordinary shares equal to the Class A Exchange Ratio of 1.29.



(5) Pursuant to the amended PIPE subscription
agreements, PubCo issued to the PIPE investors the number of PubCo Class A ordinary shares equal to 5,580,000 multiplied by the Class
A Exchange Ratio of 1.29.



(6) Pursuant to the amended Forward Purchase subscription agreements, PubCo issued to the Forward Purchase investors the number of PubCo Class A ordinary shares equal to 6,000,000 multiplied by the Class A Exchange Ratio of 1.29.















UNAUDITED PRO FORMA CONDENSED
COMBINED STATEMENT OF FINANCIAL POSITION

AS OF DECEMBER 31, 2021

(in thousands, except share and per share amounts)



|                                                          |  | Artisan
    (U.S. 
GAAP, Historical) |         | Prenetics
    (IFRS, 
Historical) |   | IFRS
    Conversion 
and Presentation 
Alignment (Note 2) |   |   | Transaction
    
Accounting 
Adjustments |   |   | Pro
    Forma 
Combined |         
|--------------------------------------------------------- |  | ------------------------------------ | ------- | --------------------------------- | - | --------------------------------------------------------- | - | - | ---------------------------------------- | - | - | ----------------------- | --------
|ASSETS                                                    |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Non-current
    assets:                                   |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Property,
    plant and equipment                         |  | $                                    | —       |                                   | $ | 13,037                                                    |   | $ | —                                        |   |   | $                       | —       
|Intangible
    assets                                     |  |                                      | —       |                                   |   | 23,826                                                    |   |   | —                                        |   |   |                         | —       
|Goodwill                                                  |  |                                      | —       |                                   |   | 3,978                                                     |   |   | —                                        |   |   |                         | —       
|Interest
    in a joint venture                           |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Deferred
    tax assets                                   |  |                                      | —       |                                   |   | 80                                                        |   |   | —                                        |   |   |                         | —       
|Prepaid
    insurance - non-current                       |  |                                      | 187     |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Investments
    held in trust account                     |  |                                      | 339,381 |                                   |   | —                                                         |   |   | —                                        |   |   |                         | (339,381
|Other
    non-current assets                              |  |                                      | —       |                                   |   | 694                                                       |   |   | —                                        |   |   |                         | —       
|Total
    non-current assets                              |  |                                      | 339,568 |                                   |   | 41,615                                                    |   |   | —                                        |   |   |                         | (339,381
|Current
    assets:                                       |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Inventories                                               |  |                                      | —       |                                   |   | 6,829                                                     |   |   | —                                        |   |   |                         | —       
|Trade
    receivables                                     |  |                                      | —       |                                   |   | 47,042                                                    |   |   | —                                        |   |   |                         | —       
|Deposits
    and prepayments                              |  |                                      | 508     |                                   |   | 7,406                                                     |   |   | —                                        |   |   |                         | —       
|Other
    receivables                                     |  |                                      | —       |                                   |   | 412                                                       |   |   | —                                        |   |   |                         | —       
|Amount
    due from a shareholder                         |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Amount
    due from a joint venture                       |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Amounts
    due from related companies                    |  |                                      | —       |                                   |   | 9                                                         |   |   | —                                        |   |   |                         | —       
|Financial
    assets at fair value through profit or loss |  |                                      | —       |                                   |   | 9,906                                                     |   |   | —                                        |   |   |                         | —       
|Cash
    and cash equivalents                             |  |                                      | 102     |                                   |   | 35,289                                                    |   |   | —                                        |   |   |                         | 339,381 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 55,800  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 60,000  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (21,735 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (10,011 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (288,933
|Total
    current assets                                  |  |                                      | 610     |                                   |   | 106,893                                                   |   |   | —                                        |   |   |                         | 134,502 
|Total
    assets                                          |  |                                      | 340,178 |                                   |   | 148,508                                                   |   |   | —                                        |   |   |                         | (204,879
|LIABILITIES
    AND EQUITY (DEFICIT)                      |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Non-current
    liabilities:                              |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Warrant
    liabilities                                   |  | $                                    | 12,249  |                                   | $ | —                                                         |   |   | —                                        |   |   |                         | 586     
|Derivative
    liability - forward purchase agreement     |  |                                      | 485     |                                   |   | —                                                         |   |   | —                                        |   |   |                         | (485    
|Deferred
    underwriting fee payable                     |  |                                      | 11,877  |                                   |   | —                                                         |   |   | —                                        |   |   |                         | (11,877 
|Preference
    shares liabilities                         |  |                                      | —       |                                   |   | 486,405                                                   |   |   | —                                        |   |   |                         | (486,405
|Deferred
    tax liabilities                              |  |                                      | —       |                                   |   | 660                                                       |   |   | —                                        |   |   |                         | —       
|Lease
    liabilities                                     |  |                                      | —       |                                   |   | 3,600                                                     |   |   | —                                        |   |   |                         | —       
|Artisan
    ordinary shares subject to redemption         |  |                                      | —       |                                   |   | —                                                         |   |   | 339,342                                  |   | A |                         | (339,342
|Total
    non-current liabilities                         |  |                                      | 24,611  |                                   |   | 490,665                                                   |   |   | 339,342                                  |   |   |                         | (837,523
|Current
    liabilities:                                  |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Accounts
    payables                                     |  |                                      | 274     |                                   |   | 9,980                                                     |   |   | —                                        |   |   |                         | (270    
|Accrued
    offering costs                                |  |                                      | 13      |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Promissory
    note - related party                       |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Due
    to related party                                  |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Accrued
    professional fees and other expenses          |  |                                      | 2,912   |                                   |   | —                                                         |   |   | —                                        |   |   |                         | (2,881  
|Accrued
    expenses - related party                      |  |                                      | 80      |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Accrued
    expenses and other current liabilities        |  |                                      | —       |                                   |   | 36,280                                                    |   |   | —                                        |   |   |                         | (11,857 
|Deferred
    consideration                                |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Amounts
    due to shareholders                           |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Contract
    liabilities                                  |  |                                      | —       |                                   |   | 9,587                                                     |   |   | —                                        |   |   |                         | —       
|Lease
    liabilities                                     |  |                                      | —       |                                   |   | 1,667                                                     |   |   | —                                        |   |   |                         | —       
|Convertible
    securities                                |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Tax
    payable                                           |  |                                      | —       |                                   |   | 1,224                                                     |   |   | —                                        |   |   |                         | —       
|Total
    current liabilities                             |  |                                      | 3,279   |                                   |   | 58,738                                                    |   |   | —                                        |   |   |                         | (15,008 
|Total
    liabilities                                     |  |                                      | 27,890  |                                   |   | 549,403                                                   |   |   | 339,342                                  |   |   |                         | (852,531
|Ordinary
    shares subject to possible redemption        |  |                                      | 339,342 |                                   |   | —                                                         |   |   | (339,342                                 | ) | A |                         | —       
|Equity
    (deficit):                                     |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         |         
|Artisan
    Preference shares                             |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | —       
|Artisan
    Class A ordinary shares                       |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | 3       
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (3      
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 1       
|                                                          |  |                                      |         |                                   |   |                                                           |   |   | —                                        |   |   |                         | (1      
|Artisan
    Class B ordinary shares                       |  |                                      | 1       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | (1      
|Share
    premium                                         |  |                                      | —       |                                   |   | 1                                                         |   |   | —                                        |   |   |                         | 114,054 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 55,799  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 59,898  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (5,859  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 1,774   
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 339,339 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (8      
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 128,790 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (288,930
|PubCo
    Class A ordinary shares                         |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | 1       
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 1       
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 1       
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 7       
|PubCo
    Class B ordinary shares                         |  |                                      | —       |                                   |   | —                                                         |   |   | —                                        |   |   |                         | 1       
|Reserves                                                  |  |                                      | —       |                                   |   | (400,811                                                  | ) |   | 24                                       |   | B |                         | 372,351 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (868    
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | 1,866   
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (1,774  
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (27,079 
|                                                          |  |                                      |         |                                   |   |                                                           |   |   |                                          |   |   |                         | (128,790
|Additional
    paid-in capital                            |  |                                      | 24      |                                   |   | —                                                         |   |   | (24                                      | ) | B |                         | —       
|Accumulated
    deficit                                   |  |                                      | (27,079 | )                                 |   | —                                                         |   |   | —                                        |   |   |                         | 27,079  
|Prenetics
    non-controlling interests                   |  |                                      | —       |                                   |   | (85                                                       | ) |   | —                                        |   |   |                         | —       
|Total
    equity (deficit)                                |  |                                      | (27,054 | )                                 |   | (400,895                                                  | ) |   | —                                        |   |   |                         | 647,652 
|Total
    liabilities and equity (deficit)                |  | $                                    | 340,178 |                                   | $ | 148,508                                                   |   | $ | —                                        |   |   | $                       | (204,879













UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT
OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED DECEMBER 31, 2021

(in thousands, except share and per share amounts)



|                                                                                         |  | For
    the Period from 
February 2, 2021 
(Inception) 
Through December 
31, 2021 |            | Year Ended  December 31, 2021     |   |                                                           |   |                                          |   |  |                         | For
    the Year Ended 
December 31, 2021 |  
|---------------------------------------------------------------------------------------- |  | ---------------------------------------------------------------------------------- | ---------- | --------------------------------- | - | --------------------------------------------------------- | - | ---------------------------------------- | - |  | ----------------------- | ----------------------------------------- | -
|                                                                                         |  | Artisan
    (U.S. 
GAAP, Historical)                                               |            | Prenetics
    (IFRS, 
Historical) |   | IFRS
    Conversion 
and Presentation 
Alignment (Note 2) |   | Transaction
    
Accounting 
Adjustments |   |  | Pro
    Forma 
Combined |                                          
|Revenue                                                                                  |  | $                                                                                  | —          |                                   | $ | 275,853                                                   |   | $                                        | — |  | $                       | —                                         |  
|Direct
    costs                                                                         |  |                                                                                    | —          |                                   |   | (169,722                                                  | ) |                                          | — |  |                         | —                                         |  
|Gross
    profit                                                                         |  |                                                                                    | —          |                                   |   | 106,131                                                   |   |                                          | — |  |                         | —                                         |  
|Other
    income and other net losses                                                    |  |                                                                                    | —          |                                   |   | 139                                                       |   |                                          | — |  |                         | —                                         |  
|Share
    of loss of a joint venture                                                     |  |                                                                                    | —          |                                   |   | —                                                         |   |                                          | — |  |                         | —                                         |  
|Selling
    and distribution expenses                                                    |  |                                                                                    | —          |                                   |   | (21,932                                                   | ) |                                          | — |  |                         | (23                                       | )
|Research
    and development expenses                                                    |  |                                                                                    | —          |                                   |   | (10,564                                                   | ) |                                          | — |  |                         | (19,498                                   | )
|Administrative
    and other operating expenses                                          |  |                                                                                    | —          |                                   |   | (83,991                                                   | ) |                                          | — |  |                         | (868                                      | )
|                                                                                         |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         | (3,718                                    | )
|                                                                                         |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         | (128,790                                  | )
|Professional
    fees and other expenses                                                 |  |                                                                                    | (3,943     | )                                 |   | —                                                         |   |                                          | — |  |                         | —                                         |  
|(Loss)
    income from operations                                                        |  |                                                                                    | (3,943     | )                                 |   | (10,217                                                   | ) |                                          | — |  |                         | (152,897                                  | )
|Expensed
    offering costs                                                              |  |                                                                                    | (534       | )                                 |   | —                                                         |   |                                          | — |  |                         | —                                         |  
|Unrealized
    gain on investments held in trust account                                 |  |                                                                                    | 34         |                                   |   | —                                                         |   |                                          | — |  |                         | (34                                       | )
|Change
    in fair value of derivative liability - forward purchase agreement            |  |                                                                                    | (874       | )                                 |   | —                                                         |   |                                          | — |  |                         | 874                                       |  
|Change
    in fair value of warrant liabilities                                          |  |                                                                                    | 2,006      |                                   |   | —                                                         |   |                                          | — |  |                         | —                                         |  
|Dividend
    income on investments held in Trust Account                                 |  |                                                                                    | 4          |                                   |   | —                                                         |   |                                          | — |  |                         | (4                                        | )
|Finance
    costs                                                                        |  |                                                                                    | —          |                                   |   | (5,238                                                    | ) |                                          | — |  |                         | 5,010                                     |  
|Fair
    value loss on convertible securities                                            |  |                                                                                    | —          |                                   |   | (29,055                                                   | ) |                                          | — |  |                         | 29,055                                    |  
|Fair
    value loss on preference share liabilities                                      |  |                                                                                    | —          |                                   |   | (125,399                                                  | ) |                                          | — |  |                         | 125,399                                   |  
|Fair
    value loss on financial assets at fair value through profit or loss             |  |                                                                                    | —          |                                   |   | (94                                                       | ) |                                          | — |  |                         | —                                         |  
|Write-off
    on amount due from shareholder                                             |  |                                                                                    | —          |                                   |   | (106                                                      | ) |                                          | — |  |                         | —                                         |  
|Gain
    on bargain purchase                                                             |  |                                                                                    | —          |                                   |   | 117                                                       |   |                                          | — |  |                         | —                                         |  
|Loss
    on disposal of a subsidiary                                                     |  |                                                                                    | —          |                                   |   | (292                                                      | ) |                                          | — |  |                         | —                                         |  
|Loss
    before taxation                                                                 |  |                                                                                    | (3,307     | )                                 |   | (170,284                                                  | ) |                                          | — |  |                         | 7,403                                     |  
|Income
    tax expense                                                                   |  |                                                                                    | —          |                                   |   | (3,733                                                    | ) |                                          | — |  |                         | —                                         |  
|Loss
    for the period                                                                  |  |                                                                                    | (3,307     | )                                 |   | (174,017                                                  | ) |                                          | — |  |                         | 7,403                                     |  
|Other
    comprehensive income (loss) for the period                                     |  |                                                                                    | —          |                                   |   | 260                                                       |   |                                          | — |  |                         | —                                         |  
|Total
    comprehensive loss for the period                                              |  | $                                                                                  | (3,307     | )                                 | $ | (173,757                                                  | ) | $                                        | — |  | $                       | 7,403                                     |  
|                                                                                         |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Net
    loss per share (Note 4):                                                         |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted weighted average shares outstanding, Class A ordinary shares       |  |                                                                                    | 23,119,071 |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted net loss per share, Class A ordinary shares                        |  | $                                                                                  | (0.10      | )                                 |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted weighted average shares outstanding, Class B ordinary shares       |  |                                                                                    | 9,597,539  |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted net loss per share, Class B ordinary shares                        |  | $                                                                                  | (0.10      | )                                 |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted weighted average ordinary shares outstanding                       |  |                                                                                    |            |                                   |   | 14,596,997                                                |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted loss per share                                                     |  |                                                                                    |            |                                   | $ | (11.92                                                    | ) |                                          |   |  |                         |                                           |  
|Basic
    and diluted weighted average shares outstanding, PubCo Class A ordinary shares |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted net loss per share, PubCo Class A ordinary shares                  |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted weighted average shares outstanding, PubCo Class B ordinary shares |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  
|Basic
    and diluted net loss per share, PubCo Class B ordinary shares                  |  |                                                                                    |            |                                   |   |                                                           |   |                                          |   |  |                         |                                           |  















NOTES
TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION



Note 1. Basis
of Presentation



The
unaudited pro forma condensed combined financial information has been prepared to illustrate the effect of the Business Combination and
has been prepared for informational purposes only.



The
historical consolidated financial statements of Prenetics have been prepared in accordance with IFRS. The historical financial statements
of Artisan have been prepared in accordance with U.S. GAAP.



For
accounting purposes, the financial statements of the combined company will represent a continuation of the consolidated financial statements
of Prenetics with the acquisition being treated as the equivalent of Prenetics transferring consideration for the net assets of Artisan
and the service of a stock exchange listing for its shares. The net assets of Prenetics will be stated at their pre-combination carrying
amounts, with no goodwill or other intangible assets recorded.



The
Business Combination, which is not within the scope of IFRS 3 — Business Combinations (“IFRS 3") since Artisan
does not meet the definition of a business in accordance with IFRS 3, is accounted for within the scope of IFRS 2 — Share-based
Payment (“IFRS 2"). Any excess of the fair value of consideration transferred by PubCo to Artisan shareholders over the
fair value of Artisan’s identifiable net assets acquired represents compensation for the service of a stock exchange listing for
its shares and is expensed as incurred.



One-time
direct and incremental transaction costs anticipated to be incurred prior to, or concurrent with, the consummation are reflected in the
unaudited pro forma condensed combined statement of profit or loss and other comprehensive income and are recognized as expenses.



The
unaudited pro forma condensed combined statement of financial position as of December 31, 2021 and the unaudited pro forma condensed
combined statements of profit or loss and other comprehensive income for the year ended December 31, 2021 are based on the historical
financial statements of Prenetics and Artisan. The accounting adjustments for the Business Combination consist of those necessary to
account for the Business Combination.



Prenetics
and Artisan did not have any historical relationship prior to the Business Combination. Accordingly, no pro forma adjustments were required
to eliminate activities between the companies.



The
unaudited pro forma condensed combined statement of financial position as of December 31, 2021 assumes that the Business Combination
occurred on December 31, 2021. The unaudited pro forma condensed combined statement of profit or loss and other comprehensive income
for the year ended December 31, 2021 presents pro forma effect to the Business Combination as if it had been completed on January 1,
2021.



The
unaudited pro forma condensed combined statement of financial position as of December 31, 2021 has been prepared using, and should be
read in conjunction with, the following:



| | • | Prenetics’
                                            audited consolidated statement of financial position as of December 31, 2021 and the related
                                            notes for the year ended December 31, 2021, included in the Proxy Statement/Prospectus; and
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | • | Artisan’s
                                            audited balance sheet as of December 31, 2021 and the related notes for the period from February
                                            2, 2021 (inception) through December 31, 2021, included in the Proxy Statement/Prospectus.
                                            Artisan was incorporated on February 2, 2021 and consummated its initial public offering
                                            on May 18, 2021.
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



The
unaudited pro forma condensed combined statement of profit or loss and other comprehensive income for the year ended December 31, 2021
has been prepared using, and should be read in conjunction with, the following:



| | • | Prenetics’
                                            audited consolidated statement of profit or loss and other comprehensive income for the year
                                            ended December 31, 2021 and the related notes, included in the Proxy Statement/Prospectus;
                                            and
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------













NOTES
TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION



| | • | Artisan’s
                                            audited statement of profit or loss and other comprehensive income for the for the period
                                            from February 2, 2021 (inception) through December 31, 2021 and the related notes, included
                                            in the Proxy Statement/Prospectus. Artisan was incorporated on February 2, 2021 and consummated
                                            its initial public offering on May 18, 2021.
| | - | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



The
unaudited pro forma condensed combined financial information does not give effect to any anticipated synergies, operating efficiencies,
tax savings, or cost savings that may be associated with the Business Combination. Management has made significant estimates and assumptions
in its determination of the pro forma adjustments. The pro forma adjustments reflecting the consummation of the Business Combination
are based on certain currently available information and certain assumptions and methodologies that Prenetics believes are reasonable
under the circumstances. As the unaudited pro forma condensed combined financial information has been prepared based on these preliminary
estimates, the final amounts recorded may differ materially from the information presented. Prenetics believes that these assumptions
and methodologies provide a reasonable basis for presenting all of the significant effects of the Business Combination based on information
available to management at the time and that the pro forma adjustments give appropriate effect to those assumptions and are properly
applied in the unaudited pro forma condensed combined financial information.



The
unaudited pro forma condensed combined financial information is not necessarily indicative of what the actual results of operations and
financial position would have been had the Business Combination had taken place on the dates indicated, nor are they indicative of the
future consolidated results of operations or financial position of the combined company. They should be read in conjunction with the
historical financial statements and notes thereto of Prenetics and Artisan.



Note 2.  IFRS
Conversion and Presentation Alignment



The
historical financial information of Artisan has been adjusted to give effect to the differences between U.S. GAAP and IFRS as issued
by the IASB for the purposes of the unaudited pro forma condensed combined financial information. The only adjustment required to convert
Artisan’s financial statements from U.S. GAAP to IFRS for purposes of the unaudited pro forma condensed combined financial information
was to reclassify Artisan’s ordinary shares subject to redemption to non-current financial liabilities under IFRS.



Further,
as part of the preparation of the unaudited pro forma condensed combined financial information, certain reclassifications were made to
align Artisan’s historical financial information in accordance with the presentation of Prenetics’ historical financial information.



The
IFRS conversion and presentation alignment adjustments included in the unaudited pro forma condensed combined statement of financial
position as of December 31, 2021 are as follows:



| | A. | Reflects
                                            the reclassification/alignment of Artisan temporary equity to align with the statement of
                                            financial position presentation of Prenetics.                                                                                                                  
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                                                                                                           
| | B. | Reflects
                                            the reclassifications/alignment of Artisan additional paid-in capital to align Artisan’s
                                            historical financial information in accordance with the presentation of Prenetics’
                                            historical financial information.













NOTES
TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION



Note 3.  Adjustments
to Unaudited Pro Forma Condensed Combined Financial Information



Adjustments
to Unaudited Pro Forma Condensed Combined Balance Sheet



The
adjustments included in the unaudited pro forma condensed combined balance sheet as of December 31, 2021 are as follows:



| | C. | Represents
                                            the elimination of Prenetics’ preference share liabilities upon consummation of the
                                            Business Combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | D. | Represents release
                                            of the investments held in the Trust Account upon consummation of the Business Combination
                                            to fund the closing of the Business Combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | E. | Represents cash proceeds
                                            of $55,800,000 from the private placement of 7,198,200 PubCo Class A ordinary shares (after
                                            giving effect to the Class A Exchange Ratio) pursuant to the concurrent PIPE Investment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | F. | Represents cash proceeds
                                            of $60,000,000 from the private placement of 7,740,000 PubCo Class A ordinary shares (after
                                            giving effect to the Class A exchange ratio) and 1,500,000
                                            warrants (the “Forward Purchase Securities”) pursuant to the Forward Purchase
                                            Agreements. In connection with the issuance of the Forward Purchase Securities, the combined
                                            Company eliminated the derivative liability associated with the Forward Purchase Agreements
                                            and recorded additional warrant liabilities of $586,350.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | G. | Represents estimated
                                            non-recurring transaction costs of approximately $22,787,000 inclusive of advisory, banking,
                                            printing, legal and accounting fees that are expensed as a part of the Business Combination
                                            and equity issuance costs that are capitalized into share premium. As of December 31, 2021,
                                            approximately $3,151,000 was expensed as incurred and accrued on the historical balance sheet
                                            of Artisan and approximately $11,857,000 was expensed as incurred and accrued on the historical
                                            balance sheet of Prenetics. Approximately $21,735,000 was paid on the Closing Date and approximately
                                            $1,052,000 of transaction costs will be paid  by PubCo subsequent to the Closing Date  and remains
                                            accrued on the balance sheet. Equity issuance costs of approximately $5,859,000 are offset
                                            to share premium and the remaining balance is expensed through reserves. The costs expensed
                                            through reserves are included in the unaudited pro forma condensed combined statement of
                                            operations for the year ended December 31, 2021 as discussed below (see adjustment AA).
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | H. | Reflects the settlement
                                            of deferred underwriting commissions. The payment of $10,010,599 has been recorded as a reduction
                                            of $11,876,982 to deferred underwriting fee payable and a corresponding $1,866,383 adjustment
                                            to reserves as a result of a concession agreed upon on May 17, 2022 with the underwriters
                                            of Artisan’s initial public offering.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | I. | Reflects the issuance
                                            of Prenetics ordinary shares to certain existing shareholders of Prenetics as part of the
                                            equity consideration for Prenetics Limited’s acquisition of Oxsed Limited.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | J. | Reflects the reclassification of Artisan’s
                                            Class A ordinary shares subject to possible redemption to permanent equity.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | K. | Reflects the actual
                                            redemption of 28,878,277 Public Shares for aggregate payments to redeeming Public Shareholders
                                            of $288,932,975 at a redemption price of approximately $10.01 per share based on the investments
                                            held in the Trust Account on the redemption date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | L. | Reflects the elimination of Artisan’s historical
                                            accumulated deficit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | M. | Reflects the conversion
                                            of all outstanding Artisan Class B ordinary shares to Artisan Class A ordinary shares pursuant
                                            to the Class B Recapitalization.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | N. | Represents the exchange
                                            of 11,258,328 Artisan Class A ordinary shares (after the Class B Recapitalization) into 14,523,244
                                            PubCo Shares (pursuant to the Class A Exchange Ratio).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | O. | Represents recapitalization
                                            of Prenetics’ outstanding equity and the issuance of PubCo Shares to Prenetics shareholders
                                            as consideration for the reverse recapitalization.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | P. | Represents the preliminary
                                            estimated expense recognized, in accordance with IFRS 2, for the excess of the fair value
                                            of equity instruments, including PubCo Shares, Public Warrants and Private Placement Warrants,
                                            issued and the fair value of Artisan’s identifiable net assets at the date of the Business
                                            Combination, resulting in a $128.8 million increase to share premium. The fair value of shares
                                            and warrants issued was estimated based on a market price as of May 18, 2022 of $10.05
                                            per share and $0.39 per Public Warrant. For the Private Placement Warrants, a valuation was
                                            performed as of May 18, 2022. These costs expensed through reserves are included in
                                            the unaudited pro forma condensed combined statement of profit or loss and other comprehensive
                                            income as discussed in adjustment EE below.                                                                                                                                                                                                                                                                                                                                                













NOTES
TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION



|                                                                              |  | Shares |            |  | (in
    000s) |  
|----------------------------------------------------------------------------- |  | ------ | ---------- |  | ------------- | -
|Artisan Public Shareholders                                                   |  |        | 6,522,186  |  |               |  
|Sponsor and certain Artisan directors                                         |  |        | 7,033,558  |  |               |  
|Forward Purchase Investors                                                    |  |        | 967,500    |  |               |  
|Total PubCo
    Shares to be issued to Artisan shareholders                   |  |        | 14,523,244 |  |               |  
|Market value per share at December 31, 2021                                   |  | $      | 10.05      |  |               |  
|Fair value of shares issued                                                   |  |        |            |  |               | $
|Artisan Public Warrants                                                       |  |        | 11,311,386 |  |               |  
|Artisan Private Warrants                                                      |  |        | 4,541,007  |  |               |  
|Total PubCo
    Warrants to be issued to Artisan Warrant holders(1)           |  |        | 15,852,393 |  |               |  
|Market value per Public Warrant                                               |  | $      | 0.39       |  |               |  
|Fair Value per Private Warrant                                                |  | $      | 0.39       |  |               |  
|Fair value of warrants issued                                                 |  |        |            |  |               | $
|Fair value of shares and warrants issued in consideration
    for combination |  |        |            |  |               | $
|Net assets of Artisan as of December 31, 2021                                 |  |        |            |  |               | $
|Difference – being
    IFRS 2 charge for listing services                     |  |        |            |  |               | $



Adjustments
to Unaudited Pro Forma Condensed Combined Statements of Operations



The
pro forma adjustments included in the unaudited pro forma condensed combined statements of operations for the year ended December 31,
2021 are as follows:



| | AA. | Reflects
                                            the accrual of additional transaction costs incurred subsequent to December 31, 2021. These
                                            costs are in addition to transaction costs incurred by Artisan in the respective historical
                                            statement of operations for the for the period from February 2, 2021 (inception) through
                                            December 31, 2021. Additional transaction costs are reflected as if incurred on January 1,
                                            2021, the date the Business Combination occurred for the purposes of the unaudited pro forma
                                            condensed combined statement of operations. This is a non-recurring item.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

| | BB. | Reflects
                                            elimination of investment income on the Trust Account.
| | --- | -----------------------------------------------------------------------------------------------------------



| | CC. | Represents
                                            the elimination of the loss recognized related to the change in fair value of convertible
                                            securities.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | DD. | Represents
                                            the incremental share-based compensation expense, in accordance with the modification of
                                            share-based payment transactions with employees pursuant to IFRS 2, upon conversion of Prenetics
                                            RSUs to PubCo RSUs.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | EE. | Represents
                                            $128.8 million of expense recognized in accordance with IFRS 2, for the difference between
                                            the fair value of equity instruments issued and the fair value of Artisan’s identifiable
                                            net assets, as described in adjustment P. These costs are a nonrecurring item.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | FF. | Reflects
                                            the elimination of the gain on the change in fair value of derivative liability - forward purchase
                                            agreement.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | GG. | Reflects
                                            the elimination of the loss recognized related to the change in carrying amount of preference
                                            share liabilities.
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------













NOTES
TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION



Note 4. Net
Loss per Share



Net
loss per share was calculated using the historical weighted average shares outstanding, and the issuance of additional shares in connection
with the Business Combination, assuming the shares were outstanding since January 1, 2021. As the Business Combination and related transactions
are being reflected as if they had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding
for basic and diluted net loss per share assumes that the shares issuable in the Business Combination have been outstanding for the entirety
of the period presented.



The
unaudited pro forma condensed combined financial information has been prepared using the actual redemption of Artisan Public Shares (amounts
in thousands except share and per share amounts):



|                                                                     |  | For
    the Year Ended December 31, 2021 |            
|-------------------------------------------------------------------- |  | ---------------------------------------- | -----------
|                                                                     |  | Class
    A Shares                       |            
|Net loss allocated
    to each class                                 |  | $                                        | (155,048   
|Weighted average ordinary shares
    outstanding - basic and diluted |  |                                          | 101,265,483
|Net loss per share - basic and
    diluted                           |  | $                                        | (1.53      
|Excluded
    securities: (1)                                         |  |                                          |            
|Shares
    underlying Public Warrants(4)                             |  |                                          | 14,591,687 
|Shares
    underlying Private Placement Warrants(2)(4)               |  |                                          | 7,792,898  
|PubCo
    RSUs                                                       |  |                                          | 9,860,076  
|Shares
    issuable pursuant to exchange loan notes(3)               |  |                                          | 1,578,562  



(1)
The Public Warrants, Private Placement Warrants, PubCo RSUs, and shares issuable pursuant to exchange loan notes were excluded from the
computation of pro forma net loss per share, basic and diluted, for the year ended December 31, 2021 because their effect would be anti-dilutive.



(2)
Includes 1,500,000 warrants issued pursuant to the Forward Purchase Agreements.



(3)
On October 29, 2020, Prenetics entered into a share purchase agreement with the then shareholders of Oxsed Limited. A portion of the
consideration consists of exchange loan notes which can be exchanged into ordinary shares of Prenetics. See Note 32 of Prenetics’ audited
financial statements for the year ended December 31, 2021, included in the Proxy Statement/Prospectus for additional details regarding
Prenetics’ acquisition of Oxsed Limited.



(4)
Outstanding Artisan Warrants are converted into PubCo Warrants to purchase such number of PubCo Class A ordinary shares equal to the
Class A Exchange Ratio of 1.29.