CM Energy Tech Co., Ltd. — M&A Activity 2026

May 26, 2026

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.

华商能源

CM Energy

CM Energy Tech Co., Ltd.

华商能源科技股份有限公司

(Incorporated in Cayman Islands with limited liability)

(Stock Code: 206)

SUPPLEMENTAL ANNOUNCEMENT

MAJOR AND CONNECTED TRANSACTION

ACQUISITION OF VESSEL

Reference is made to the announcement of CM Energy Tech Co., Ltd. dated 12 May 2026 (the "Announcement") in relation to the proposed acquisition of the diving support construction vessel "DSCV Lichtenstein". Capitalized terms used in this announcement shall have the same meanings as those used in the Announcement, unless the context otherwise requires.

The Company would like to provide the following additional information to the Shareholders and potential investors of the Company.

Set out below are the net profits before and after tax attributable to the Vessel for the financial years ended 31 December 2024 and 2025:

	For the year ended
	31 December
	2025	2024
	US$'000	US$'000
Profit/(Loss) before tax	11,574	(1,550)
Profit/(Loss) after tax	11,709	(1,550)

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The Seller's original acquisition cost of the Vessel (which was delivered in June 2017) was approximately USD110.8 million.

By order of the Board
CM Energy Tech Co., Ltd.
Mei Zhonghua
Chairman

Hong Kong, 26 May 2026

As of the date of this announcement, the Board comprises one (1) executive Director, namely Mr. Zhan Huafeng; five (5) non-executive Directors, namely Mr. Mei Zhonghua, Mr. Liu Jiancheng, Mr. Tam Wing Tim, Mr. Zhang Xizheng and Mr. Zhang Menggui, Morgan; and three (3) independent non-executive Directors, namely Mr. Zou Zhendong, Ms. Zhang Zhen and Mr. Xue Jianzhong.

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