IIG plc is pleased to provide a trading update for the year ended 30 September 2025 focused on its primary investment Hui10 Inc, the technology company leading the transformation of the Chinese lottery.

Hui10 Strategic and Operational Highlights

Hui10 has continued to make significant progress with positive momentum for the rollout of its technology platform across China, with growth across all its key performance metrics:

Note - RMB to GBP fx conversion rate ¥9.29 to £1

In July 2025, Hui10 commenced the deployment of its infrastructure across China, building on the successful platform development and expansion of key partnerships during the previous 12 months. This progress demonstrates Hui10's strong execution and growing scale within China's digital lottery and payments market, albeit slower than management's initial plans given delays in fundraising.

Notable initiatives included:

IIG Update

During the period since March 2025 there has been good progress at the IIG Group level:

Current trading and outlook

Hui10 has delivered further growth in its performance metrics since September and continues to anticipate further progress in the period to December 2025 with connected Lucky World shops increasing to c.9,000 and UGO UnionPay POS Terminals to more than 1,000, together delivering increased registered users and driving further growth in Lottery sales and Lucky World merchandise revenues.

In 2026, the pace of growth is forecast to increase with the business expecting to connect a further 60,000 Lucky World Lottery shops and 35,000 UGO UnionPay POS terminals by the end of the year. This continued scaling positions Hui10 strategically to maximise the opportunity that the policy change to enable Paperless Lottery play will unlock. To fund this growth and help secure the shift to Paperless, targeting early 2026, the Company anticipates further fundraising activity. The ongoing rollout does not require regulatory policy change and is ultimately targeting to operate across the entire network of 200,000 lottery shops and over 3 million UGO UnionPay POS terminals across China.

Giles Willits, Chief Executive Officer of IIG, commented: "Hui10 is our primary investment and growth engine, representing the most significant value opportunity within our portfolio. Hui10 has made outstanding operational progress and is well positioned to capitalise on its growing infrastructure footprint and strategic partnerships across China."

Enquiries:

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a portfolio concentrating on fast growing and / or high potential businesses operating predominantly in the UK, continental Europe, the US and APAC, utilising the Board's experience to seek to generate capital growth over the long term for shareholders.

About Hui10

Hui10 is a technology company involved in the digital transformation of the Chinese lottery. It's platform unlocks the market expansion of the Chinese lottery through increasing the number of people playing lottery from the current 10% participation level to target more than 30%. Hui10's platform is integrated into China's national interbank card settlement system and payment platform, UnionPay. Lucky World is an omnichannel commerce platform which provides China's existing 200,000 lottery only shops access to a wider fastmoving consumer goods product offering through its growing number of commercial partnerships with leading Chinese suppliers. Lucky World provides a solution for brands to tackle the global counterfeit crisis using its integrated Lottery HongBao digital solution with incentives, helping to build brand loyalty and trust.