On 17 June 2026, Times China Holdings Limited announced that bondholders of its two series of Mandatory Convertible Bonds (“MCB I” and “MCB II”) have approved the respective Extraordinary Resolutions tabled under the company’s ongoing consent solicitation exercise.

The meetings achieved the required quorum and secured the requisite majority of votes, thereby satisfying the stipulated Eligibility Conditions for both bond series. With these approvals in place, Times China will proceed to implement the Proposed Amendments and Waivers.

Implementation Timetable: • 18 June 2026 – The company, together with its Subsidiary Guarantors and the Trustee, is scheduled to execute the Supplemental Trust Deeds for each bond series (Amendment Effective Date). • 18 June 2026 – On the same date, the Supplemental Indentures for each series of notes will be signed (Effective Time), at which point the approved amendments and waivers will become operative. • 18 June 2026 – A Special Record Date Notice detailing arrangements for the payment of Minimum Cash Interest on the Short-Term Notes will be released to holders and the Trustee.

The consent process was managed by Kroll Issuer Services Limited, acting as Information and Tabulation Agent. All related documents, including the Consent Solicitation Memorandum, remain accessible via the dedicated consent website.

Times China reiterates that there is no assurance all requisite consents, eligibility conditions and implementation steps will be completed as anticipated and advises investors to exercise caution when dealing in the company’s securities.