Sea Limited Announces Proposed Offering of ADSs and Convertible Notes - Seite 2

The Company plans to use the net proceeds from the Offerings for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.

The closing of the ADS Offering is not contingent upon the closing of the concurrent Notes Offering, and the closing of the concurrent Notes Offering is not contingent upon the closing of the ADS Offering.

Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities LLC and BofA Securities, Inc. are acting as book-running managers for the Offerings. The Offerings will be made pursuant to an effective shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the “SEC”), which became automatically effective upon filing with the SEC on September 8, 2021, New York City time. Preliminary prospectus supplements and the accompanying prospectus related to the Offerings have been filed with the SEC and will be available on the SEC’s website at www.sec.gov. Before you invest, you should read the preliminary prospectus supplements and accompanying prospectus and other documents the Company has filed with the SEC for more complete information about Sea and the Offerings.

Copies of the preliminary prospectus supplements and the accompanying prospectus related to the ADS Offering and the Notes Offering, respectively, may also be obtained from:

Goldman Sachs & Co. LLC
Prospectus Department
200 West Street
New York, NY 10282-2198
United States
Tel: [phone]
Email: [e-mail]

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions,
1155 Long Island Avenue,
Edgewood, NY 11717
United States
Tel: [phone]
Email: [e-mail]

BofA Securities, Inc.
NC1-004-03-43
200 North College Street, 3rd floor
Charlotte NC 28255-0001
United States
Attn: Prospectus Department
Email: [e-mail]

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, nor shall there be a sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

This press release contains information about the pending Offerings, and there can be no assurance that any of the Offerings will be completed.

About Sea Limited

Sea Limited (NYSE: SE) is a leading global consumer internet company founded in Singapore in 2009. Our mission is to better the lives of consumers and small businesses with technology. We operate three core businesses across digital entertainment, e-commerce, as well as digital payments and financial services, known as Garena, Shopee and SeaMoney, respectively. Garena is a leading global online games developer and publisher. Shopee is the largest pan-regional e-commerce platform in Southeast Asia and Taiwan. SeaMoney is a leading digital payments and financial services provider in Southeast Asia.