Karrie International addresses impact of US reciprocal tariffs

Karrie International Holdings Limited ("Company") has voluntarily announced the impact of new reciprocal tariffs imposed by the United States ("US") government. The US government announced additional tariffs on countries with which the US has the largest trade deficits (the "New Measures") on April 2, 2025. The Board has been closely monitoring global economic and geopolitical risks and their relevant impacts on the Group's business and operations. The Group's direct shipments to the US that are subject to the Tariff accounted for approximately 1% of its total revenue for the year ended March 31, 2025. As of the date of announcement, the Board is of the view that the New Measures shall not have a material adverse impact on the Group's business and operations. To diversify the relevant risks, the Group has established its manufacturing base in Thailand to complement its long-established domestic capacity in the mainland China. The Company will continue to monitor the situation closely and will take steps to mitigate the impact of the New Measures on the Group’s business and operations.