POWER ASSETS (00006) announced that on May 8, 2026, its subsidiary, along with PAHGI, a subsidiary of Cheung Kong实业 (CK William Midco 1 Limited), CKAUK, a subsidiary of Cheung Kong Infrastructure (CK William Midco 2 Limited), CKIGI, CK William, and CK William's subsidiaries (CK William Australia Bidco Pty Ltd and CK William Australia Holdings Pty Ltd), entered into an implementation deed concerning loan repayment. The terms include, but are not limited to, the agreement by the POWER ASSETS subsidiary, the Cheung Kong实业 subsidiary, and the Cheung Kong Infrastructure subsidiary to subscribe for 123,700, 247,400, and 247,400 ordinary shares of CK William, respectively, on the effective date. The total subscription prices are AUD 234 million (approximately HKD 1.32 billion), AUD 468 million (approximately HKD 2.64 billion), and AUD 468 million (approximately HKD 2.64 billion), respectively. These share subscriptions are conducted based on each group's respective stake in CK William and under substantially identical terms. As of the announcement date, the holdings of POWER ASSETS Group, Cheung Kong实业 Group, and Cheung Kong Infrastructure Group in CK William are 20%, 40%, and 40%, respectively. Following the share subscriptions, these percentages will remain unchanged, and CK William will continue to be accounted for as a joint venture of POWER ASSETS Group. The share subscription forms part of CK William Group's capital restructuring initiative, aimed at streamlining its capital structure and enhancing its financial flexibility.