AGILE GROUP (03383) announced that its board has noted fluctuations in the company's share price and trading volume on the Hong Kong Stock Exchange on December 9, 2025, as well as recent media reports regarding a winding-up petition filed against the company. On December 9, 2025, the company received a winding-up petition submitted by Melco (Zhongshan) Enterprise Management Co., Ltd. (the petitioner) to the High Court of the Hong Kong Special Administrative Region. The petition involves alleged unpaid amounts totaling USD 18,587,146.57 and HKD 2,234,331.43, stemming from an arbitration award issued by the China International Economic and Trade Arbitration Commission on September 25, 2025. The High Court has scheduled the first hearing for the petition on February 25, 2026, at 9:30 AM. The company intends to vigorously oppose the petition. However, in light of the implications under Section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, the board reminds shareholders and potential investors that if the company is ultimately wound up, any share transfers made on or after the commencement date without the High Court's validation order will be void. Currently, the company has no intention to apply for such a validation order regarding share transfers. At a later stage, the company will consider whether it is necessary to apply for a validation order from the High Court, depending on the progress of its comprehensive offshore debt restructuring plan. Despite the petition, the company will continue to actively engage and cooperate with offshore creditors to pursue a holistic restructuring of its offshore debts, aiming to reach an agreement on preliminary restructuring terms with key offshore creditor groups as soon as possible. Simultaneously, the company is actively communicating with the petitioner to negotiate an effective resolution, including efforts to secure a prompt withdrawal or dismissal of the petition. The board believes the petition does not represent the interests of other stakeholders and may adversely affect the value of the company and its stakeholders. Therefore, the company will seek legal avenues to firmly oppose the petition and take all necessary actions to safeguard its legitimate rights and interests.