AGBA Remains Committed: The Merger With Triller Will Benefit All Parties Involved

April 26, 2024 by No Comments

LOS ANGELES, April 25, 2024 — AGBA Group Holding Limited (NASDAQ: AGBA) has become aware of press releases issued by Brodsky & Smith (“BS”) on April 23, 2024 and Halper Sadeh LLC (“HS”) on April 22, 2024, claiming that BS and HS are conducting “investigations” of AGBA in connection with its announced April 18, 2024 merger agreement with Triller Corp. AGBA wishes to emphasize that the statements in the BS and HS press releases are frivolous and totally without merit. If BS or HS initiates any legal claims based on the allegations, AGBA will vigorously defend itself to the fullest extent permitted by law and seek any legally available remedies against such claimants as well as reimbursement of AGBA’s legal fees. AGBA believes the proposed merger with Triller Corp will create significant value for all shareholders. Given the rapidly changing landscape in social media, AGBA is confident Triller is well-positioned to capitalize on unprecedented opportunities. The proposed merger represents a unique combination of social media and content as well as fintech and healthtech, leveraging the combined group’s AI capabilities.

About AGBA Group: Established in 1993, AGBA Group Holding Limited (NASDAQ: “AGBA”) is a leading one-stop financial supermarket based in Hong Kong offering the broadest set of financial services and healthcare products in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business.

For more information about AGBA, please visit Investor Relations and Media Contact: Ms. Bethany Lai +852 5529 4500 Social Media Channels:agbagroup | | | |

Safe Harbor Statement This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions when it makes forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, those relating to the Company’s goals and strategies; future business development; product and service demand and acceptance; changes in technology; economic conditions; outcomes of any legal proceedings; expectations regarding strategies and future financial performance; reputation and brand; impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. The Company undertakes no obligation to publicly revise any forward-looking statements to reflect events or circumstances after the date hereof.