China Overseas Property Holdings Limited (“China Overseas Property”) has entered new three-year framework agreements with China Overseas Land & Investment (“COLI”) and China State Construction International (“CSC”) to continue: 1) leasing of properties; and 2) consolidation and payment of utilities charges for properties managed by the Group. All agreements run from 1 July 2026 to 30 June 2029.

Leasing arrangements • COLI Group & COLI-associated companies: aggregate right-of-use asset caps are set at RMB 11.00 million (2H 2026), RMB 87.00 million (2027), RMB 31.00 million (2028) and RMB 196.00 million (1H 2029). • CSC Group & CSC-associated companies: caps stand at RMB 22.00 million, RMB 16.00 million, RMB 21.00 million and RMB 15.00 million for the same respective periods. • Historical right-of-use assets recognised under the expiring agreements totalled RMB 39.70 million in 2024 and RMB 19.00 million (2025 plus 1H 2026 estimate) for COLI leases, and RMB 2.40 million in 2024 and RMB 9.60 million (2025 plus 1H 2026 estimate) for CSC leases. • Rents will be benchmarked against at least three comparable market properties to ensure terms are no less favourable than those offered by independent third parties; payments are monthly and funded from internal resources.

Utilities-charge consolidation for COLI properties • The Group will continue paying utilities on behalf of tenants of individual units and, from 1 July 2026, extend the service to public areas of commercial segments. • Caps are fixed at RMB 240.00 million (2H 2026), RMB 390.00 million (2027), RMB 390.00 million (2028) and RMB 200.00 million (1H 2029). • Historical payments were RMB 147.20 million in 2024, RMB 154.30 million in 2025 and an estimated RMB 88.00 million for 1H 2026. • Charges will mirror actual costs levied by third-party utility providers, with no mark-up.

Regulatory status Because China State Construction Engineering Corporation (“CSCEC”) controls China Overseas Property, COLI and CSC, the transactions are classified as continuing connected transactions under Chapter 14A of the Hong Kong Listing Rules. All percentage ratios stay below the 5 % threshold, requiring announcement and annual review but not independent shareholders’ approval.

Internal controls Dedicated business units will negotiate terms, finance teams will monitor aggregate figures against annual caps, and independent non-executive directors will perform annual reviews to confirm pricing remains at arm’s length and caps are not exceeded.

Business rationale Management expects the renewals to secure uninterrupted use of necessary properties, avoid relocation costs and streamline utilities billing for tenants and owners, thereby supporting stable operations across the Group’s property management platform.