Guangzhou R&F Properties Co., Ltd. — Capital/Financing Update 2021

Feb 4, 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.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein will not be registered under the Securities Act, and may not be offered or sold in the United States except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

This announcement is not a prospectus for the purposes of the European Union’s Regulation (EU) 2017/1129 or Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

No PRIIPs KID – No PRIIPs key information document (KID) has been prepared as not available to retail in the European Economic Area or in the United Kingdom.

The communication of this announcement and any other document or materials relating to the issue of the Notes offered hereby is not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the United Kingdom’s Financial Services and Markets Act 2000, as amended. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom.

The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom who have professional experience in matters relating to investments and who fall within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “ Financial Promotion Order ”)), or who fall within Article 49(2)(a) to (d) of the Financial Promotion Order, or who are any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order (all such persons together being referred to as “ Relevant Persons ”). In the United Kingdom, the Notes offered hereby are only available to, and any investment or investment activity to which this announcement relates will be engaged in only with, Relevant Persons. Any person in the United Kingdom that is not a Relevant Person should not act or rely on this announcement or any of its contents.

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(a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2777)

VOLUNTARY ANNOUNCEMENT

COMPLETION OF THE TENDER OFFER IN RELATION TO THE 7% SENIOR NOTES DUE 2021 OF EASY TACTIC LIMITED

Reference is made to the announcements of the Company dated 25 January 2021, 29 January 2021 and 1 February 2021 (the “ Announcements ”) in relation to the Tender Offer. Capitalised terms used herein have the same meanings as those defined in the Announcements.

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The Company is pleased to announce that the Tender Offer has been completed on 3 February 2021. The total acceptance amount of the Tender Offer was US$332,561,135.24 including US$325,146,000 in the principal amount and the remainder as accumulated interest and redemption premium. The Notes repurchased pursuant to the Tender Offer have been cancelled.

The Company considers that there will be no material impact on its financial position as a result of completion of the Tender Offer. After completion of the Tender Offer, the Company has extended its near-term maturity of its debts and has maintained sufficient liquidity.

By order of the Board Guangzhou R&F Properties Co., Ltd. Lee Michael Company Secretary

4 February 2021, Hong Kong

As at the date of this announcement, the executive directors of the Company are Dr. Li Sze Lim, Mr. Zhang Li, Mr. Zhang Hui and Mr. Xiang Lijun; the non-executive directors are Ms. Zhang Lin and Ms. Li Helen; and the independent non-executive directors are Mr. Zheng Ercheng, Mr. Ng Yau Wah, Daniel and Mr. Wong Chun Bong.

* For identification purposes only

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