Cre8 Enterprise's Subsidiary Acquires Upperhand Investment For $200K In Cash

Cre8 Enterprise Limited (NASDAQ:CRE) ("Cre8" or the "Company"), a Hong Kong-based integrated financial printing service provider, announced today that the Company's fully owned subsidiary, Cre8 Incorporation Limited ("Cre8 Incorporation"), completed the acquisition (the "Acquisition") of 100% of the issued and outstanding shares of Upperhand Investment Limited ("Upperhand"), a holding company incorporated in the British Virgin Islands that provides integrated financial printing solution in Japan through its wholly-owned operating subsidiary, Upperhand Japan Limited ("Upperhand Japan").

Cre8 Incorporation entered into a share purchase agreement on the Acquisition (the "Agreement) on March 10, 2026. Pursuant to the Agreement, the total consideration for the acquisition is US$200,000 in cash, which was paid in full on March 17, 2026. The title to the shares of Upperhand was transferred to Cre8 Incorporation on April 1, 2026.