Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited disclaim responsibility for the contents of the announcement issued by Pengo Holdings Group Limited (the “Company”). According to the Company's update, additional time is required to fulfill the conditions precedent under the Placing of Convertible Bonds under Specific Mandate.

The original Long Stop Date of 31 October 2025 has been extended to 30 November 2025 (or a later date as agreed in writing by the parties to the Placing Agreement). Other terms and conditions of the Placing Agreement remain unchanged.

Pengo Holdings Group Limited issued this update on 31 October 2025. The board of directors, as of the date of the announcement, consists of Executive Directors Ms. Feng Jiamin (Chairman), Mr. Liu Jianfu, Mr. Michael Shi Guan Wah, Ms. Zhao Jianhong, Mr. Leung Yiu Cho, Mr. Fong Hang Fai, and Mr. Law Wai Yip; Non-Executive Director Mr. Dong Changzhou; and Independent Non-Executive Directors Mr. Wu Kai Tang, Mr. Shek Jun Chong, Mr. Qiu Yue, and Ms. Tam Wing Yan.