Central Development Holdings Limited — Capital/Financing Update 2021

Dec 15, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED 中國資源交通集團有限公司

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 269)

SUBSCRIPTION OF NEW SHARES BY DEBT CAPITALISATION Extension of the Long Stop Date

Reference is made to the announcements of China Resources and Transportation Group Limited (the “ Company ”) dated 1 and 2 December 2021 in relation to subscription of new Shares by debt capitalisation (the “ Announcements ”). Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

As additional time is required for fulfilment of the Conditions for the completion of the Subscriptions, the Company and each of Lucky and Viva Gain have entered into a supplemental agreement on 15 December 2021 to extend the Long Stop Date of the Capitalisation Agreements to 22 December 2021.

Save as disclosed above, all other terms and conditions of the Capitalisation Agreements remain unchanged and in full force and effect.

By order of the Board China Resources and Transportation Group Limited Fung Tsun Pong Co- Chairman

Hong Kong, 15 December 2021

As at the date of this announcement, the board of directors comprises five executive directors, namely Messrs Fung Tsun Pong, Lu Zhiming, Gao Zhiping, Jiang Tao and Duan Jingquan; and four independent non-executive directors, namely Messrs Jing Baoli, Bao Liang Ming, Xue Baozhong and Ms. Chan Chu Hoi.

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