Zengame invests USD 75.80 million in JPMorgan-linked wealth products; classified as discloseable transaction

Bulletin Express04-16

Zengame Technology Holding Limited announced that, as of 16 April 2026, the Group had allocated USD 75.80 million into wealth management products arranged through JPMorgan Chase Bank, all of which remain outstanding.

The portfolio consists of: • USD 24.40 million in a JPMorgan money market fund that remains in place from a prior subscription disclosed on 20 May 2025. • Two new certificates of deposit subscribed on 16 April 2026, totalling USD 51.44 million: – USD 23.70 million 2-Month Fixed Rate CD issued by Agricultural Bank of China Limited, Sydney Branch, carrying a 3.74 % annual coupon, maturing on 15 June 2026. – USD 27.74 million 3-Month CD issued by United Overseas Bank Limited, Hong Kong Branch, with a 3.76 % annual coupon, maturing on 17 July 2026.

All instruments are classified as low-risk, fixed-return products.

Under Hong Kong Listing Rule 14.22, the aggregation of these subscriptions with the same counterparty (JPMorgan Chase & Co.) produces applicable percentage ratios exceeding 5 % but below 25 %, rendering the transactions discloseable. They require announcement and reporting but are exempt from shareholder approval.

Management cited efficient use of temporary idle funds, capital security and liquidity preservation, and stable returns as the principal reasons for the allocation. The Board affirmed that the terms are commercially reasonable and will not impair the Group’s operating cash requirements.

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