Hong Kong, August 22, 2025 — Following its collaboration with CITIC Construction to establish a new financial technology infrastructure in Saudi Arabia, Solowin Holdings (Nasdaq: SWIN) today announced the official launch of its Dubai Operations Center and the initiation of its application for a Category 3C asset management license from the Dubai International Financial Center (DIFC), continuing to expand its compliant financial services footprint in the UAE.

It is reported that Solowin Holdings has signed a memorandum of understanding with a well-known UAE company to rapidly enter the local financial services market. The company has chosen the DIFC as its Middle East hub, also leveraging its regulatory mutual recognition advantage with the Hong Kong Securities and Futures Commission (SFC) — leveraging Solowin's existing global financial licenses, the DIFC license approval process is expected to be significantly streamlined, with authorization potentially completed within three months. This strategic move will establish a seamless asset channel between the Middle East and Asian markets, providing local investors with compliant digital asset management and tokenization product services.

Solowin Holdings CEO Peter Lok stated, “The Dubai operations center is a key node in Solowin's global compliance network. Leveraging Saudi Arabia's infrastructure resources, we are fully committed to building a cross-regional ‘Digital Financial Silk Road.’” Solowin's initial services will focus on institutional clients compliant with Islamic finance principles, offering structured products backed by Real-World Assets (RWA) and computing power.

About SOLOWIN Holdings

SOLOWIN HOLDINGS (Nasdaq: SWIN) is a leading global financial services company operating across traditional finance and the Web3 space. Founded in 2016, the company is dedicated to building a unique, fully integrated ecosystem connecting traditional finance and decentralized finance. Through its subsidiary licensed by the Hong Kong Securities and Futures Commission (SFC) and equipped with comprehensive digital asset capabilities, SOLOWIN operates a robust Web3 infrastructure division. Through its self-developed vertically integrated enterprise-level platform, the company provides compliant traditional financial (TradFi) services, real-world asset (RWA) tokenization, and global digital payment solutions, solidifying its core position in reshaping the global financial landscape through a seamlessly integrated Web3-to-traditional finance ecosystem.

Forward-Looking Statements

Certain statements in this announcement constitute forward-looking statements. These statements involve known and unknown risks and uncertainties and are based on the company's current expectations and projections regarding future events that may affect its financial condition, operating results, business strategy, and financial needs. The company attempts to identify these forward-looking statements by using terms such as “may,” “will,” “expect,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely,” “potential,” “continue,” or similar expressions. Unless required by law, the company has no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in expectations after the date of this announcement. These statements are subject to uncertainties and risks, including but not limited to uncertainties related to market conditions, as well as other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission (SEC), particularly in the “Risk Factors” section of the most recent annual report (Form 20-F) and other reports filed with or furnished to the SEC from time to time. Although the company believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove to be accurate. The company cautions investors that actual results may differ materially from expected results and encourages investors to review other factors that may affect its future results as described in the company's filings with the SEC. Such filings are available at www.sec.gov.