Logan Group Updates Holistic Restructuring: Court Schemes Planned, Longstop Date Pushed to 31 March 2027

Bulletin Express03-31

Logan Group Company Limited released an update on its offshore debt restructuring, confirming plans to file for parallel schemes of arrangement in the Cayman Islands and Hong Kong to implement the previously announced Amended Holistic Restructuring Proposal.

The company intends to: 1. Submit documentation to the Grand Court of the Cayman Islands requesting permission to convene a meeting of scheme creditors for the proposed Cayman Scheme. 2. Apply to the Court of First Instance of the High Court of Hong Kong to convene a meeting of scheme creditors for the corresponding Hong Kong Scheme.

To ensure sufficient time for execution, Logan Group has agreed with the Ad Hoc Group of creditors to extend the Longstop Date under the Amended Holistic CSA from the prior deadline to 31 March 2027. A formal notice of this extension will be distributed to Consenting Creditors and posted on the designated transaction website.

The company stated that further announcements regarding the restructuring process and the progress of the schemes will be made in accordance with Hong Kong Listing Rules, the Securities and Futures Ordinance, and other applicable regulations.

As of the announcement date, debt securities with stock codes 40754, 40527, and 40508 remain listed on the Hong Kong Stock Exchange; all other debt securities previously issued by Logan Group have been delisted.

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