1 July 2024

Message from the Chief Executive Officer of VI Wellness Limited (Singapore)

Dear Shareholders,

As the CEO of VI Wellness Group, I am addressing you as we embark on a significant transformation to reshape our company into a diversified investment group. Today, I would like to share with you the steps we are taking to realize this vision and our strategic direction.

One of our most important initiatives is restructuring the VI Wellness Group into Special Purpose Vehicles (SPVs) based in Singapore’s financial center. This strategic move is designed to optimize our operations, enhance financial flexibility, and prepare for sustainable growth in an ever-changing global market.

With its strong regulatory framework, strategic location, and business-friendly environment, Singapore provides the ideal base for our VI Wellness. By leveraging Singapore’s strengths, we will be better positioned to manage our diverse investment portfolio, streamline our operations, and capitalize on emerging opportunities across various sectors.

Our restructuring plan comprises several key steps:

  1. Establishing SPVs: We will create specialized SPVs focused on high-potential sectors such as technology, healthcare, and real estate. Each SPV will be dedicated to identifying and seizing investment opportunities within its specific sector, ensuring expertise and commitment in each area.

  2. Operational Optimization: By consolidating our operations under VI Wellness in Singapore, we will benefit from streamlined processes, reduced costs, and increased operational agility. This will enable us to respond more quickly to market changes and investor needs, enhancing our overall competitiveness.

  3. Financial Management Enhancement: The SPV structure will provide us with greater financial flexibility, allowing for more efficient capital allocation and risk management. This approach will enable us to maximize returns on our investments while maintaining a balanced and robust portfolio.

  4. Regulatory Compliance Strengthening: Operating from Singapore will ensure that we adhere to the highest standards of compliance and corporate governance. This will not only enhance our credibility with investors but also mitigate potential risks associated with global investments.

  5. Fostering Innovation and Growth: VI Wellness will be empowered to pursue innovative investment strategies and collaborations, fostering a culture of continuous improvement and growth. By staying ahead of industry trends and embracing cutting-edge technologies, we will set new standards for investment excellence.

As we implement this strategic restructuring, we remain committed to our core values of integrity, transparency, and sustainability. Our goal is to create long-term value for our shareholders, contribute positively to society, and ensure that our growth is both responsible and impactful.

We understand that change can bring both challenges and opportunities. Rest assured that we are approaching this transformation with careful planning, clear objectives, and a strong commitment to our stakeholders. Our talented team, supported by the strategic vision of our Chairman and Board, is dedicated to making this transition smooth and successful.

In conclusion, I thank you for your trust and continued support. The future of VI Wellness Group is bright, and together we will achieve remarkable success, ensuring that VI Wellness Group remains strong in health, income, and assets for years to come.

Thank you,
Respectfully

Captain Nat Nanthulanku

Chief Executive Officer, VI Wellness Limited (Singapore)