Madison Holdings Group Limited has launched a non-underwritten rights issue offering three new shares for every two shares held on the 28 May 2026 record date. Key parameters are:

• Subscription price: HK$0.486 per rights share, payable in full upon acceptance. • Provisional allotment: detailed in the Provisional Allotment Letter (PAL) dispatched on 29 May 2026. • Acceptance and payment deadline: 4:00 p.m. on Friday, 12 June 2026. • Conditions precedent: all conditions must be met by 4:00 p.m. on Monday, 6 July 2026 for the Rights Issue to become unconditional; none are waivable. • Basis of allocation: 3 rights shares for every 2 existing shares. No fractional entitlements will be issued; fractions will be aggregated and, if premium is achievable, sold for the Company’s benefit. • Listing and trading: Nil-paid rights shares are expected to commence trading on the Stock Exchange following despatch of the PAL, while fully-paid rights shares are scheduled to begin trading at 9:00 a.m. on Monday, 13 July 2026, subject to listing approval and CCASS admission. • Share certificate despatch: certificates for fully-paid rights shares are targeted for mailing on or before Friday, 10 July 2026. • Non-underwritten structure: any rights shares not taken up will be placed to independent placees on a best-effort basis; unplaced shares will not be issued, reducing the final issue size accordingly. • Takeovers Code safeguard: applications from shareholders whose subscription would trigger a mandatory general offer (i.e., reaching or exceeding 30 percent of voting rights, or increasing holdings by more than 2 percent when already between 30 percent and 50 percent) will be scaled down to avoid such an obligation. • Odd-lot trading: Advent Securities (Hong Kong) Limited will provide matching services for odd lots between 9:00 a.m. on 13 July 2026 and 4:00 p.m. on 31 July 2026. • Weather contingency: if a No. 8 or higher typhoon signal, “extreme conditions” or a “black” rainstorm warning is in force at specified times on 12 June 2026, the acceptance deadline will be deferred as outlined in the PAL.

The Rights Issue is open exclusively to Qualifying Shareholders; Non-Qualifying Shareholder entitlements will be sold in the market if a net premium can be achieved, with proceeds (over HK$100 per holder) remitted on a pro rata basis. All applications must be accompanied by a Hong Kong dollar cheque or cashier’s order payable to “Tricor Investor Services Limited A/C – No. 103” and crossed “Account Payee Only”.

Failure to meet the acceptance deadline will result in forfeiture of the provisional allotment. All transactions and documentation are governed by Hong Kong law, and the timetable is subject to adjustment under adverse weather conditions.