Hong Kong, August 20, 2025 — Solowin Holdings (Nasdaq: SWIN) (hereinafter referred to as “Solowin” or “the Company”) announced today that the U.S. dollar fund it manages, Solomon Capital SP, has signed a Memorandum of Understanding (MoU) with CITIC Construction (Saudi Arabia) Limited Liability Company (hereinafter referred to as “CITIC Construction”) to jointly develop Saudi Arabia's next-generation digital infrastructure. The project investment covers data science, commercial real estate, and logistics park sectors.

Solowin CEO Peter Lok emphasized: "This collaboration aligns closely with Saudi Arabia's ‘2030 Vision’ digital transformation objectives. Leveraging CITIC Construction's local implementation capabilities and Solowin's compliant stablecoin infrastructure, both parties will jointly outline a blueprint for modernizing traditional asset categories while opening new digital asset opportunities for investors. "

This collaboration aims to bridge the gap between the private real estate market and investors' demand for diversified income-generating alternatives. By integrating Solowin's technological platform with CITIC Construction's real estate investment expertise, the partnership will address the growing demand for tokenization of real-world assets (RWA) in the Middle East. This three-year Memorandum of Understanding expands Solowin's footprint in the Web3 financial sector, with specific investment terms to be detailed in subsequent agreements.

*CITIC Construction is a subsidiary of CITIC Group and has consistently ranked among the top contractors globally in the Engineering News-Record (ENR) Top 250 Contractors list.

*Saudi Vision 2030, launched in 2016, aims to promote economic diversification, empower citizens, create a vibrant environment to attract domestic and international investors, and help Saudi Arabia become one of the world's leading economies.

About Solowin Holdings
Solowin Holdings (Nasdaq: SWIN) is a global comprehensive financial services institution spanning traditional finance and Web3 finance, dedicated to providing integrated solutions for global clients across traditional and digital asset domains. The company currently holds multiple regulated licenses in the United States, Hong Kong, Singapore, Europe, Australia, and other regions. Leveraging its comprehensive traditional financial and digital asset business licenses, Solowin Holdings has established a robust next-generation Web3 infrastructure. The company currently offers compliant financial services, tokenization solutions for real-world assets (RWA), and global digital payment solutions, among other one-stop financial services.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These statements involve known and unknown risks and uncertainties and are based on the company's current expectations and predictions regarding future events. The company has attempted to identify these forward-looking statements using terms such as “may,” “will,” “expect,” “target,” “estimate,” “plan,” “potential,” and similar expressions. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by law. These statements are subject to market conditions and other uncertainties and risks. For further details, please refer to the company's filings with the U.S. Securities and Exchange Commission (SEC), including the “Risk Factors” section of the company's latest annual report on Form 20-F and other reports. Although the company believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee their accuracy. The company cautions investors that actual results may differ materially from expectations.