Guangzhou R&F extends deadline for debt restructuring accession

As of noon Hong Kong time on November 28, 2025, Scheme Creditors representing approximately 77% of the total outstanding principal amount of the In-Scope Debt have acceded or are taking steps to accede to the RSA. The Transaction Companies have extended the Accession Deadline for Scheme Creditors needing more time to complete the Accession Letter to 4:00 p.m. London time on December 12, 2025.

This extension marks a significant step towards implementing the Restructuring, which Guangzhou R&F believes will enhance its capital structure and long-term value for stakeholders. Holders of In-Scope Debt are urged to review and accede to the RSA by delivering a completed Accession Letter via the Transaction Website and submitting an electronic consent instruction to the relevant Clearing System to be eligible for the Consent Fee.

The proposed restructuring involves three series of 6.5% Cash / 7.5% PIK Senior Notes with ISINs XS2495355674 (due 2025), XS2495358009 (due 2027), and XS2495359403 (due 2028). Further announcements are expected to inform shareholders and investors of any material developments.