CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED

IPO Objectives

1. The net proceeds of the Fresh Issue, i.e., Gross Proceeds of the Fresh Issue less the Company’s share of the Offer related expenses (“Net Proceeds”) are proposed to be utilised in the following manner:

2. Repayment and/or pre-payment, in part or full, of all or certain outstanding borrowings of our Company and/or certain of our Subsidiaries; and

3. General corporate purposes.