CTF Services Limited — Capital/Financing Update 2023

May 29, 2023

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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(incorporated in Bermuda with limited liability)

(stock code: 00659)

ANNOUNCEMENT

APPROVAL OF REGISTRATION OF

DEBT FINANCING INSTRUMENTS AT THE NATIONAL ASSOCIATION OF FINANCIAL MARKET INSTITUTIONAL INVESTORS

AND

ISSUANCE OF 2023 MEDIUM-TERM NOTES SERIES 1 (BOND CONNECT)

This announcement is made by NWS Holdings Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”).

Reference is made to the announcement of the Company dated 18 January 2023 (the “ Announcement ”). Unless otherwise defined, capitalized terms not defined herein shall have the same meanings ascribed to them in the Announcement.

APPROVAL OF REGISTRATION OF DEBT FINANCING INSTRUMENTS

The Board announces that the Company has received the registration approval notice dated 7 April 2023 (reference number: zhong shi xie zhu [2023] DFI19) from the Association following the Application for registration of the Panda Bonds, and has been informed that the Proposed Issue is duly registered at the Association with a validity period of two years from the date of the said approval notice, during which the Company may issue the Panda Bonds in multiple tranches.

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ISSUANCE OF 2023 MEDIUM-TERM NOTES SERIES 1 (BOND CONNECT)

The Company announces that, on 29 May 2023, the Company completed the issue of the 2023 Mediumterm Notes Series 1 (Bond Connect) (the “ Notes ”) in the PRC under the Proposed Issue. The principal terms of the Notes are as follows:

Issuer:	The Company
Aggregate Principal Amount	RMB1.5 billion
of the Notes:
Issue Price:	100% of the principal amount of the Notes
Issue Date:	25 May 2023
Settlement Date:	29 May 2023
Interest Rate:	3.90% per annum
Interest Payment Date:	29 May of each year throughout the duration of the Notes
Maturity Date:	29 May 2026
Use of Proceeds:	Repayment of bank loans of the Group

The relevant information in relation to the issuance and subscription of the Notes has been published on the websites of China Money (www.chinamoney.com.cn) and Shanghai Clearing House (www.shclearing.com.cn) respectively.

The Company will make further disclosure in relation to the Proposed Issue as and when appropriate.

By order of the Board Dr. Cheng Kar Shun, Henry Chairman

Hong Kong, 29 May 2023

As at the date of this announcement, (a) the executive Directors are Dr. Cheng Kar Shun, Henry, Mr. Ma Siu Cheung, Mr. Ho Gilbert Chi Hang, Dr. Cheng Chi Kong, Adrian, Mr. Cheng Chi Ming, Brian and Mr. Cheng Chi Leong, Christopher; (b) the non-executive Directors are Mr. To Hin Tsun, Gerald, Mr. Dominic Lai and Mr. William Junior Guilherme Doo (alternate director to Mr. William Junior Guilherme Doo: Mr. Lam Wai Hon, Patrick); and (c) the independent non-executive Directors are Mr. Shek Lai Him, Abraham, Mr. Lee Yiu Kwong, Alan, Mrs. Oei Wai Chi Grace Fung, Mr. Wong Kwai Huen, Albert, Professor Chan Ka Keung, Ceajer and Ms. Ng Yuen Ting, Yolanda.

• For identification purposes only

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