Jutal Offshore Oil Services Limited (03303.HK) has completed its 1-for-6 rights issue. A total of 355.55 million rights shares were allotted, equating to 100% of the offer size and rendering the transaction unconditional on 13 March 2026.

Subscription and Placement • Valid acceptances covered 195.63 million shares, or 55.02% of the offer. • The remaining 159.92 million unsubscribed shares (44.98%) were successfully placed to nine independent placees at HK$0.16 per share, identical to the subscription price. • No net gain arose for distribution to non-participating shareholders.

Capital Raised and Allocation • Gross proceeds: HK$56.90 million. • Net proceeds after expenses: HK$55.30 million. – Approximately HK$49.80 million (90%) earmarked for expanding existing manufacturing facilities. – Approximately HK$5.50 million (10%) allocated to general working capital and corporate purposes.

Post-Issue Shareholding Total issued shares expanded from 2.13 billion to 2.49 billion. Key investors’ stakes diluted as follows: • Sanju Environmental Protection (Hong Kong) Limited: from 30.07% to 25.78%. • Cheung Hing Investments Limited: unchanged at 18.61% after taking up additional shares. • Independent placees introduced: 6.43%. • Public float: from 40.97% to 39.91%.

Share Option Adjustments Rights issue triggered option adjustments under the 2016 Share Option Scheme: • Options granted 9 Jan 2018: exercise price cut from HK$2.14 to HK$1.93; shares issuable rise from 30.20 million to 33.55 million. • Options granted 9 Nov 2023: exercise price reduced from HK$0.52 to HK$0.47; shares issuable increase from 119.20 million to 132.40 million.

Logistics Fully-paid rights share certificates are slated for dispatch on 20 March 2026.

Risk Reminder The company reiterates that trading in its shares involves risk and advises investors to exercise caution.