Evergrande Property Services Group Limited (Evergrande Property Services) disclosed a Rule 3.7 monthly progress update on 14 April 2026, confirming the start of exclusive negotiations for a potential change in control.

Key developments • The court-appointed liquidators of China Evergrande Group (CEG) and CEG Holdings (collectively, the Potential Sellers) have signed an exclusivity agreement with a selected bidder (the Potential Purchaser). • The exclusivity period lasts 30 business days, during which the parties will negotiate definitive terms for the proposed sale. • The Potential Sellers collectively own 51.016% of Evergrande Property Services’ issued shares. No binding sale-and-purchase agreement has been executed to date.

Capital structure • Evergrande Property Services has 10.81 billion shares outstanding. • Apart from ordinary shares, the company reports no other classes of “relevant securities” as defined under Note 4 to Rule 22 of the Takeovers Code.

Regulatory obligations • Monthly updates will continue under Rule 3.7 until either a firm intention to make an offer is announced under Rule 3.5 or a decision is taken not to proceed. • Associates—including any party holding 5% or more of Evergrande Property Services’ shares—must disclose dealings in the company’s securities in accordance with Rule 22 of the Takeovers Code.

Risk reminder The announcement reiterates that there is no assurance the potential transaction will materialise or lead to a general offer. Shareholders and investors are advised to exercise extreme caution when dealing in Evergrande Property Services’ securities.