Particulars of the Company’s principal subsidiaries are as follows:
| | | | | Issued and | | Percentage of equity
attributable to the Company | | | | | | | Place of | | registered share | | 2024 | | | 2023 | | | | | Name | | incorporation | | capital# | | Direct | | | Indirect | | | Direct | | | Indirect | | | Principal activities | | AMTD International Holding Group Limited (“AMTD IHG”) | | Hong Kong (“HK”) | | HK$ | | | 500,000 | | | | 100 | % | | | — | | | | 100 | % | | | — | | | Investment holding | | AMTD Digital Inc. (“AMTD Digital”) | | Cayman Islands | | US$ | | | 12,616 | | | | 51.6 | % | | | — | | | | 95.5 | % | | | — | | | Investment holding | | AMTD Risk Solutions Group Limited | | HK | | HK$ | | | 500,000 | | | | — | | | | 51.6 | % | | | — | | | | 95.5 | % | | Provision of digital solutions and other services | | WME Assets Group (“WME Assets”) | | Cayman Islands | | US$ | | | 10,410 | | | | — | | | | 62.3 | % | | | — | | | | 83.4 | % | | Investment holdings and hotel operation, hospitality and VIP services | | The Generation Essentials Group | | Cayman Islands | | US$ | | | 1 | | | | — | | | | 64.9 | % | | | — | | | | 86.8 | % | | Investment holding | | L’Officiel Group Inc.(“L’Officiel”) | | Cayman Islands | | US$ | | | 1 | | | | — | | | | 64.9 | % | | | — | | | | 86.8 | % | | Investment holding and provision of fashion, arts and luxury media advertising and marketing services | | The Art Newspaper Group Inc. | | Cayman Islands | | US$ | | | 1 | | | | — | | | | 64.9 | % | | | — | | | | 86.8 | % | | Investment holding and provision of fashion, arts and luxury media advertising and marketing services |
| # | All
amounts in dollars in this note only. |
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