Dear Crowdfunding Investors,

We have been receiving a lot of queries from crowdfunding investors following the latest announcement on the CA Funding Pte Ltd (CAFPL) platform on 4 Jan 2021.

We wish to reassure investors that CAFPL is still operating and will continue to address all queries from customers, and service customers on their outstanding investments. Specifically, the services CAFPL will continue providing are as follows:

• Receiving repayments from issuers and making them to the investors,
• Monitoring repayments due from issuers,
• Taking steps to collect overdue amounts should there be a delay or default on the part of the issuers,
• Addressing queries from investors on the status of their outstanding investments, etc.

We are in the process of working out a business cessation plan. Broadly, the cessation plan will cover how customers can expect services (as stated above) to continue after CAFPL ceases business and we will share details before any cessation commences.

How are crowdfunding investors interests protected?

Rest assured that contractually, your rights as crowdfunding investors are protected. Specifically, Clause A of the security deed states that "Under the PN, Chargor is required to pay to the Payees (whether directly or through the intermediary) certain sums on or by the stipulated dates)."

Under Clause 4.3 of the Promissory Note, it states that "Payment shall be made by the Issuer via bank transfer into one account maintained with a local bank as may be notified by CAFPL to the Issuer. For avoidance of doubt, all of the Issuer’s obligations under this Note to any and all of the Payees shall be discharged upon payment of the relevant sums into such account. The Issuer shall be entitled to require presentation of the Promissory Note prior to payment. For avoidance of doubt, the obligation to pay under this Note shall only be deemed to be discharged upon the bank transfer having cleared and the amounts payable being received in the bank account notified by CAFPL on the relevant Payment Date, Early Redemption Date or other applicable date."

In short, this means that crowdfunding investors can expect to receive their repayments for performing projects even with the cessation of the platform. For crowdfunding projects that are performing, investors should expect to get their repayments in accordance to the stipulated schedule. For crowdfunding projects that have delayed repayments, CAFPL will closely monitor the situation and update affected investors accordingly. As we are still in the process of finalising our back-up service providers, investors should expect CAFPL to continue being the point of contact and we will update investors if there are any changes to the process of which investors will receive repayment.

Support for Crowdfunding Investors

For crowdfunding investors of PN notes facilitated by CAFPL and sold on CAFPL's platform (as shown in the table below), please contact Investors@CA-Funding.com or call: +65 8182 2216.

S/N	PN Number	Company
1	2017/124/201528411K	KH Business Advisory Pte Ltd
2	2019/4/201818271K	AFMI Pte. Ltd.
3	2019/6/201818271K	AFMI Pte. Ltd.
4	2019/8/201819981C	Atlas Culture Pte. Ltd.
5	2019/9/201819981C	Atlas Culture Pte. Ltd.
6	2019/10/201819981C	Atlas Culture Pte. Ltd.
7	2019/11/201543790Z	Fast Business Consulting Pte Ltd
8	2019/12/201543790Z	Fast Business Consulting Pte Ltd
9	2019/13/201543790Z	Fast Business Consulting Pte Ltd
10	2019/17/201917233H	Amazing Media Pte. Ltd
11	2019/18/201917233H	Amazing Media Pte. Ltd
12	2019/19/201917233H	Amazing Media Pte. Ltd
13	2019/22/201917233H	Amazing Media Pte. Ltd
14	2019/23/201917233H	Amazing Media Pte. Ltd
15	2019/24/201917233H	Amazing Media Pte. Ltd
16	2019/26/201929221E	Xperto Pte. Ltd.
17	2019/27/201929221E	Xperto Pte. Ltd.
18	2019/28/201929221E	Xperto Pte. Ltd.
19	2019/29/201929221E	Xperto Pte. Ltd.
20	2019/30/201929221E	Xperto Pte. Ltd.
21	2019/31/201929221E	Xperto Pte. Ltd.
22	2019/32/201929221E	Xperto Pte. Ltd.

Support for unregulated PN notes investors

For avoidance of doubt, PN notes for the unregulated CoAssets subsidiaries were not facilitated by CAFPL. PN note investors had previously indicated interests to know what the rest of the CoAssets Group was doing and had given consent for their information to be shared with the rest of the unregulated subsidiaries if any opportunities arose. Separately, CAFPL was also not involved in the recent sale of the unregulated subsidiaries. Hence, for investors who have queries on PN notes not facilitated by CAFPL and not sold on CAFPL's platform, please email relations@CoAssets.com.

Best Regards,
Investor Relations Team
CA Funding Pte Ltd