AMTD Digital Inc.

Our Controlling Shareholder, commenced our current digital solutions services business in October 2004. Our Controlling Shareholder commenced our current digital investments business in July 2016 and digital solutions services business in December 2017. In December 2019, we carried out a restructuring to carve out the digital solutions services business and digital investments business from our Controlling Shareholder. As part of the restructuring, in September 2019, AMTD Digital Inc. was incorporated under the laws of the Cayman Islands initially as a wholly-owned subsidiary of our Controlling Shareholder. Following the restructuring, AMTD Digital Inc. became the holding company of our businesses. We are a holding company incorporated in the Cayman Islands and conduct our businesses through our subsidiaries. See Item 4. Information on the Company C. Corporate Structure for a diagram illustrating our corporate structure as of the date of this annual report. On February 23, 2022, AMTD IDEA Group, a leading comprehensive financial institution dual-listed on both the NYSE and SGX-ST (NYSE: AMTD; SGX: HKB) controlled by our Controlling Shareholder, acquired a majority stake in us. As of the date of this annual report, AMTD IDEA Group owns 37.2% of our issued and outstanding shares, and 92.3% of our total voting power. The ADSs have been listed on NYSE since July 15, 2022 and trade under the ticker symbol HKD.