Page 1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness , and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . 361 ° 361 Degrees International Limited 361 度 國際 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1361 ) OPERATIONS UPDATE FOR THE FIRST QUARTER OF 2021 This announcement is published on a voluntary basis by the board ( the “ Board ” ) of directors ( the " Directors " ) of 361 Degrees International Limited ( “ 361 ° ” or the “ Company ” , which together with its subsidiaries , is referred to as the " Group " ) . The Board would like to provide the following operational update in respect of the Group's business for the first quarter of 2021 . Retail Sales Performance of the 361º Core Brand The retail sales ( in terms of the retail value ) of 361 ° core branded products for the first quarter of 2021 increased by high - teens when compared to that for the same period of 2020 . Retail Sales Performance of the 361º Kids Brand ( an independently run business unit ) The retail sales ( in terms of the retail value ) of 361 ° kids branded products for the first quarter of 2021 increased by low - twenties when compared to that for the same period of 2020 . This announcement is made based on a preliminary review of the unaudited operational data of the Group and the information currently available to the Board , and is not reviewed or audited by the Group's auditors . The data do not constitute , represent or indicate the full picture of the Group's total revenue or financial performance and the information contained in this announcement may be subject to change and adjustment .