On September 25, 2026, the Company received a letter from the Stock Exchange stating that the Listing Committee had decided to cancel the listing status of the Company's shares under the Listing Rules (the Decision).

In reaching its Decision, the Listing Committee considered that sanctions imposed by U.S. authorities and the resulting sanctions risks have had a serious impact on the Company's business. The Listing Committee further considered that the Company had failed to demonstrate that it remains suitable for listing under Rule 2.03, and concluded that it is appropriate and reasonable to cancel its listing status under Rule 6.01(4).

Under Chapter 2B of the Listing Rules, the Company has the right, within seven business days after the issuance of the Decision, to refer the Decision to the Stock Exchange's Listing Review Committee for review. If the Company decides not to request a review by the Listing Review Committee, the last listing date of the shares will be October 12, 2026, and the shares will be delisted from 9:00 a.m. on October 13, 2026.

The Board is seeking advice from its advisers and is considering whether to make a request to refer the Decision to the Stock Exchange's Listing Review Committee for further review. In addition, trading in the Company's shares remains suspended.