NINGDE, China, July 22, 2025 — Oriental Rise Holdings Limited (Nasdaq: ORIS), a Chinese white and black tea supplier, announced the pricing of its public offering of up to 14,800,000 units at US$0.4681 per unit. Each unit includes one Ordinary Share (or a Pre-Funded Warrant instead) and one Common Warrant to purchase one Ordinary Share. The Common Warrants are immediately exercisable at US$0.4681 per share and expire in five years. Holders can exercise the Common Warrants through a zero exercise price option, receiving twice the number of Ordinary Shares obtainable through a cash exercise. The exercise price will decrease on the 5th and 10th trading days post-offering to 70% and 50% of the initial price, respectively, with a proportional increase in warrant shares to maintain the same nominal aggregate exercise price. The company anticipates gross proceeds of approximately US$6.9 million before deducting fees and expenses.

The offering is expected to close on July 23, 2025, pending standard closing conditions. The company plans to allocate the proceeds to general corporate activities, working capital, sales network expansion (including hiring and regional channel development), and production capacity improvements, like new equipment and facility upgrades.

Maxim Group LLC served as the exclusive placement agent on a best-efforts basis for the offering.

A registration statement on F-1 (File No. 333-288292) was filed with the Securities and Exchange Commission (“SEC”) and declared effective on July 21, 2025. The offering is being conducted via a prospectus included in the registration statement. The final prospectus will be available on the SEC’s website at www.sec.gov. Electronic copies can be obtained from Maxim Group LLC, 300 Park Ave 16th Floor, New York, NY 10022, Telephone: +1 (212) 895-3745; Email: syndicate@maximgrp.com.

Prior to investing, it is advisable to review the prospectus and other documents filed with the SEC for comprehensive information on the company and the offering. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Sales of these securities are prohibited in jurisdictions where such actions would be unlawful before registration or qualification under local securities laws.

About Oriental Rise Holdings Limited

Oriental Rise Holding Limited is an integrated supplier of tea products in mainland China. Our major tea products include (i) primarily-processed tea consisting of white tea and black tea, and (ii) refined white tea and black tea. Our business operations are vertically integrated, covering cultivation, processing of tea leaves and the sale of tea products to tea business operators (such as wholesale distributors) and end-user retail customers in mainland China. We operate tea gardens located in Zherong County, Ningde City in Fujian Province of mainland China. For more information, visit the Company’s website at .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the expected completion, timing and size of the Offering and the intended use of the proceeds from the Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

Oriental Rise Holdings Limited
Investor Relations Department
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