Supplemental Submission Pursuant to Item 16I(a) of Form
20-F
AMTD IDEA Group (the “Company”) is submitting to the U.S. Securities and Exchange Commission
(the “SEC”) the following information as required under Item 16I(a) of Form 20-F in relation to the Holding Foreign Companies Accountable Act (the “HFCAA”).
On May 13, 2022, the Company was conclusively identified by the SEC as a Commission-Identified Issuer pursuant to the HFCAA because it filed an annual
report on Form 20-F for the year ended December 31, 2021 with the SEC on April 18, 2022 with an audit report issued by Deloitte Touche Tohmatsu, a registered public accounting firm retained by the
Company for the preparation of the audit report on the Company’s financial statements included therein. Deloitte Touche Tohmatsu is a registered public accounting firm headquartered in China, a jurisdiction where the Public Company Accounting
Oversight Board (the “PCAOB”) determined that it was unable to inspect or investigate completely registered public accounting firms headquartered there, including Deloitte Touche Tohmatsu, until December 2022 when the PCAOB vacated its
previous determination.
In response to Item 16I(a) of Form 20-F, the Company believes that the following
information establishes that it is not owned or controlled by a government entity in China.
AMTD IDEA Group is a company controlled by AMTD Group Inc.,
which beneficially owned, as of April28, 2023, 39.6% of the total issued and outstanding ordinary shares of the Company, representing 85.5% of the total voting power of the Company. To the Company’s knowledge, AMTD Group Inc. is not controlled
by a government entity in China. Infinity Power Investments Limited is beneficially owned and controlled by Dr. Calvin Choi, who is the founder of the Company. Infinity Power Investments Limited beneficially owned, as of April28, 2023, 16.2% of
the total issued and outstanding ordinary shares of the Company, representing 50.0% of the total voting power of the Company.
As of April28, 2023, none
ofthe directors and senior management of the Company beneficially owned any issued and outstanding ordinary shares of the Company.
To the Company’s
knowledge based on its register of members and public filings made by its shareholders, no other shareholder beneficially owned 5% or more of the Company’s total issued and outstanding ordinary shares as of April28, 2023. Please refer to
“Item 6. Directors, Senior Management and Employees-E. Share Ownership” of the Company’s annual report on Form 20-F for the year ended December 31,
2022 filed with the SEC on April 28, 2023 for more details.
In addition, the Company is not aware of any government entity in China that, whether by
contract or otherwise, controls the Company.
