Lai Sun Development Company Limited (LAI SUN DEV, “the Guarantor”) reported that approximately 96% of the outstanding principal of its 5.00% Guaranteed Notes due 2026 (ISIN: XS2368038050) has voted in favour of the proposed Extraordinary Resolution tied to its ongoing Exchange Offer and Consent Solicitation.

The notes were originally issued by Lai Sun MTN Limited (“the Issuer”) and are guaranteed by the Guarantor. Securing the requisite consent clears a major procedural hurdle for Lai Sun Development’s liability-management exercise, which seeks to exchange existing notes and implement related amendments and waivers.

Key points from the update released on 30 June 2026:

• Voting outcome: About 96% of noteholders, measured by principal amount outstanding as of the Early Consent Deadline, supported the Extraordinary Resolution. • Conditionality: Completion of the Exchange Offer hinges on the formal implementation of the approved Extraordinary Resolution, satisfaction of the eligibility condition, the Guarantor’s discretionary decision to proceed, and settlement of consent fees plus any payments to ineligible noteholders. • Next steps: The Issuer and Guarantor will continue to monitor the process and issue further announcements as appropriate. Investors are cautioned to exercise care when dealing in the securities of both entities.

The board of Lai Sun Development is chaired by Dr. Lam Kin Ngok, Peter. The Issuer’s board comprises Dr. Lam Kin Ngok, Peter, Mr. Lam Hau Yin, Lester, Mr. Cheung Sum, Sam and Mr. Yang Yiu Chong, Ronald Jeffrey.

The announcement reiterates that the Exchange Offer Memorandum and Consent Solicitation Memorandum contain full details and that participation decisions should be based on those documents and independent professional advice.