June 23, 2023

SOS has advised that its Board of Directors at a special meeting held on June 21, 2023, moved to recommend to the shareholders of the Company at the Annual General Meeting (AGM) to be held on July 25, 2023, that the existing ordinary shares of the Company be subdivided into nine (9) ordinary shares (stock split) and accordingly, that the Company’s authorized ordinary shares be increased to accommodate the aforementioned stock split. The matter shall be tabled for consideration by the shareholders at the next AGM.

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