Yuexiu Transport Infrastructure Limited (YUEXIUTRANSPORT) has signed a Supplemental Property Management and Commercial Operation and Management Services Framework Agreement with Yuexiu Services Group Limited, revising upward the annual caps for connected transactions in 2026-2027.

Key revisions 1. Aggregate cap: • 2026 – raised to RMB 16.54 million from RMB 12.28 million (+34.7%). • 2027 – raised to RMB 23.74 million from RMB 12.76 million (+86.0%).

2. Service breakdown (RMB million): • Property Management Services: – 2026: 13.64 (prev. 9.59, +42.2%) – 2027: 20.84 (prev. 10.07, +106.8%) • Commercial Operation & Management Services: – 2026: 2.90 (prev. 2.68, +8.0%) – 2027: 2.90 (unchanged vs. prior 2026 cap; +7.9% vs. previous 2027 cap)

Historical utilisation Service fees paid to Yuexiu Services Group were RMB 9.24 million in 2023, RMB 9.97 million in 2024, and RMB 10.34 million in 2025. In the first three months of 2026, spending totalled RMB 2.55 million.

Rationale The company cites: • New property management mandates for the GNSR Company’s toll stations, plazas and offices. • Rising office-space needs as business expands. • High renewal rates for existing commercial operation contracts. A 20% buffer has been embedded to accommodate inflation and additional service demand.

Compliance Because the ultimate controlling shareholder Guangzhou Yue Xiu Holdings (GZYX) controls both parties, the transactions remain continuing connected transactions under Chapter 14A of the Hong Kong Listing Rules. The revised caps trigger a highest percentage ratio of >0.1% but <5%; therefore, only reporting, annual review and announcement requirements apply—no circular or independent shareholders’ approval is required.

Governance and controls The company will continue tendering or quotation comparisons against at least two independent providers, impose cap monitoring, and subject the transactions to biannual Audit Committee review, annual confirmation by independent non-executive directors, and auditor assurance in accordance with HKSAE 3000 and PN 740(Revised).