China Overseas Property (02669, “China Overseas Property”) has inked five new three-year framework agreements to continue providing property management and value-added services to related parties China Overseas Land & Investment (“COLI”), China Overseas Grand Oceans (“COGO”), China State Construction International (“CSC”), China State Construction Engineering Corporation (“CSCEC”) and China State Construction Development (“CSCD”).

Agreements and Tenor • All arrangements run from 1 July 2026 to 30 June 2029 on a non-exclusive basis, covering residential, commercial and other properties—as well as relevant work sites for CSC and CSCD. • Each contract was negotiated through the group’s standard tender and internal review procedures to ensure terms are no more favourable than those offered to independent third parties. • Payment terms follow existing practice: monthly billing for property management and per-transaction billing for value-added services.

Aggregate Caps The maximum aggregate consideration (services caps) across all counterparties totals roughly RMB7.48 billion over the 3.5-year period: • COLI: RMB4.90 billion (RMB0.80 billion for 2H26; RMB1.50 billion for 2027; RMB1.65 billion for 2028; RMB0.95 billion for 1H29) • COGO: RMB1.19 billion (RMB0.22 billion; RMB0.36 billion; RMB0.36 billion; RMB0.25 billion) • CSC: RMB0.58 billion (RMB0.08 billion; RMB0.19 billion; RMB0.20 billion; RMB0.11 billion) • CSCEC: RMB0.78 billion (RMB0.12 billion; RMB0.24 billion; RMB0.27 billion; RMB0.15 billion) • CSCD: RMB0.03 billion (RMB0.006 billion; RMB0.009 billion; RMB0.009 billion; RMB0.006 billion)

Historical Deal Flow For 2025 the group booked RMB1.12 billion from COLI, RMB205.40 million from COGO, RMB133.00 million from CSC, RMB179.20 million from CSCEC and RMB1.00 million from CSCD-related entities.

Governance and Approval Because the aggregated percentage ratios exceed 5%, the transactions constitute continuing connected transactions under Chapter 14A of the Hong Kong Listing Rules. Independent shareholders will vote on the resolutions at a virtual extraordinary general meeting scheduled for 17 June 2026. CSCEC and its associates, holding about 61.24% of issued shares, will abstain from voting.

Independent Board Committee Recommendation An independent board committee, advised by Red Sun Capital, considers the agreements fair, reasonable and in the interests of independent shareholders, and recommends voting in favour of all related resolutions.