i-Cable Communications Limited — Capital/Financing Update 2026

Mar 10, 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.

i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

ANNOUNCEMENT PURSUANT TO RULE 13.18 OF THE LISTING RULES

This announcement is made pursuant to Rule 13.18 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The board (the "Board") of directors (the "Directors") of i-CABLE Communications Limited (the "Company") announces that on 10 March 2026, the Company has accepted a facility letter (the "Facility Letter") issued by a bank (the "Lender") in respect of a performance bond in favour of a counterparty in the amount of up to HK$36,000,000, with a maximum tenor of five years being subject to review at any time and in any event by 31 August 2026 by the Lender.

SPECIFIC PERFORMANCE OBLIGATION

Pursuant to the Facility Letter, among other things, the Company has undertaken to, at all times for so long as there is any outstanding amount due and owing by the Company to the Lender, ensure and procure that the Company remains at least 35% legally and beneficially (directly) owned by its single largest shareholder, Forever Top (Asia) Limited ("Forever Top"). The Company's compliance or otherwise with the covenant will not in any way prejudice or affect the Lender's right to suspend, withdraw or make demand in respect of the whole or any part of the facility made available to the Company at any time or determine whether or not to permit any utilisation in relation to the facility. As at the date of this announcement, Forever Top holds approximately 43.22% of the total number of the issued shares of the Company.

The Company will make continuing disclosure in its subsequent interim and annual reports pursuant to Rule 13.21 of the Listing Rules for so long as circumstances giving rise to the relevant disclosure obligation under Rule 13.18 of the Listing Rules continue to exist.

By Order of the Board

i-CABLE Communications Limited

Lee Lung Piu

Company Secretary

Hong Kong, 10 March 2026

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As at the date of this announcement, the Board comprises ten Directors, namely Dr. Cheng Kar-Shun, Henry (Chairman) as non-executive Director; Mr. Tsang On Yip, Patrick (Vice-chairman) (Mr. Lie Ken Jie Remy Anthony Ket Heng as his alternate), Ms. Wong Nga Fan (Chief Executive Officer), Dr. Luk Wai Ki Elvis, Mr. Darren Raymond Shaw and Mr. Chang Tat Joel as executive Directors; and Mr. Lam Kin Fung Jeffrey, Prof. Hu Shao Ming Herman, Mr. Luk Koon Hoo, Roger and Mr. Tang Sing Ming Sherman as independent non-executive Directors.

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