Hong Kong, 1 June 2026 — Pico Far East Holdings Limited released its Monthly Return for May 2026, confirming a 9.49 million-share enlargement of its issued share capital through a scrip dividend, complemented by a minor 4,000-share increase from employee option exercise.

At month-end, total issued ordinary shares (excluding treasury shares) rose to 1.28 billion, up from 1.27 billion in April. The authorised share capital remained unchanged at 2.40 billion shares with a par value of HKD 0.05, equivalent to HKD 120.00 million.

Key equity movements: • Scrip dividend (26 May 2026): 9.49 million new shares issued at HKD 2.522 each. • Share option scheme: 4,000 options exercised at HKD 1.30 per share, yielding HKD 5,200 in proceeds; 7.12 million new options granted at an exercise price of HKD 2.316; 8,000 options lapsed (exercise price HKD 1.70).

Post-transaction, 19.06 million options are outstanding across six exercise prices ranging from HKD 1.120 to HKD 2.316. The scheme still allows for up to 123.83 million additional shares to be issued upon future exercises.

Pico Far East affirmed compliance with the Main Board’s minimum 25 % public-float requirement as at 31 May 2026. No treasury shares were held or cancelled during the month, and the company reported no changes to warrants, convertibles or other share-issuance arrangements.