The board of Redco Healthy Living Company Limited announced that on 25 November 2022 (after trading hours), the company and Redco Properties entered into the Supplemental Carpark Sales Agency Services Framework Agreement, pursuant to which (i) the Group shall act as an exclusive sales agent for the Redco Group and pay to the Redco Group the Refundable Deposits regarding the grant of the Exclusive Rights; (ii) the existing annual cap for the year ending 31 December 2023 under the Carpark Sales Agency Services Framework Agreement shall be revised; and (iii) the term of the Carpark Sales Agency Services Framework Agreement shall be extended for one year and ending on 31 December 2024.