HONY MEDIA (00419) announced that the company has received a conversion notice from United Strength LS Limited (the subscriber). Accordingly, the subscriber has exercised its right to partially convert convertible bonds with a total principal amount of HKD 60 million at an adjusted conversion price of HKD 0.1003 per share. As a result, the company allotted and issued approximately 598 million new shares to the subscriber on November 28, 2025. Following the completion of the conversion, the outstanding principal balance of the convertible bonds remains HKD 60 million.