East Group's largest shareholder extends share pledge

East Group Co. Ltd. announced that its largest shareholder, Yangzhou Dongfang Group Co. Ltd. (Dongfang Group), has extended a pledge of part of its shares. The initial pledge involved 46 million shares to Guolian Minsheng Securities Co. Ltd. on May 12, 2021, for a stock pledge-style repurchase transaction. This pledge has been extended multiple times, with the latest extension moving the buy-back date to February 25, 2026, from the previous November 10, 2025.

The total number of pledged shares remains unchanged at 35.902559 million shares. Dongfang Group previously conducted a supplemental pledge of 34.902559 million shares on July 10, 2024, and partially released 45 million pledged shares on May 6, 2025. As of the disclosure date, Dongfang Group holds 73.8827828 million shares, representing 31.7333% of East Group's total share capital, with 36.4192559 million shares currently pledged.

The company stated that this share pledge extension will not impact its production and operations or corporate governance. The pledged shares demonstrate the ability to perform the obligation, carry no risk of liquidation, and do not involve any performance compensation obligations.