Country Garden Issues 22.80 Million New Shares via Mandatory Convertible Bond Conversions

Bulletin Express05-13

Country Garden Holdings Company Limited disclosed a minor expansion of its share capital following the conversion of two tranches of zero-coupon mandatory convertible bonds on 13 May 2026.

• Size of conversion – MCB (A): 21.91 million new ordinary shares were issued at HKD 2.60 per share. – MCB (B): 0.89 million new ordinary shares were issued at HKD 10.00 per share. The two conversions added a combined 22.80 million shares.

• Impact on share base Prior to the conversions, Country Garden had 45.58 billion issued shares (excluding treasury shares). The new issuances lifted the total to 45.60 billion, representing a 0.05 % increase.

• Outstanding treasury shares The company reported no treasury shares before or after the transactions.

The conversions are in line with the terms of the mandatory convertible bonds maturing in June 2032 (MCB A, 78 months) and June 2035 (MCB B, 114 months). All regulatory confirmations required under Hong Kong’s Listing Rules have been completed, according to the filing signed by Director Wu Bijun.

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