Seazen : UNAUDITED OPERATING STATISTICS AND LAND ACQUISITION INFORMATION FOR APRIL 2021

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SEAZEN GROUP LIMITED

新城發展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1030)

UNAUDITED OPERATING STATISTICS AND

LAND ACQUISITION INFORMATION FOR APRIL 2021

UNAUDITED OPERATING STATISTICS

The board (the "Board") of directors (the "Directors") of Seazen Group Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that in April 2021, the Group achieved contracted sales of approximately RMB20.771 billion, and contracted sales area of approximately 1,745,600 sq.m..

Between January and April 2021, the aggregated contracted sales amounted to approximately RMB70.418 billion, and the aggregated sales area amounted to approximately 6,851,200 sq.m..

LAND ACQUISITION

A subsidiary of the Group obtained the land parcel No. 2021-005 in Gongyi City, Zhengzhou, Henan Province* (河南省鄭州鞏義市編號為2021-005號地塊) by way of open tender auction. The land parcel is located in Zhengtong Road South and No.11 Guihua Road East, Gongyi City*(鞏 義市政通路南、規劃道路11東). It occupies a transferred land area of 24,360.86 sq.m., and is planned for residential use with a plot ratio of >1.0 and ≤2.0. The plot-ratio gross floor area is

approximately 48,721.72 sq.m.. Land premium of RMB60,154,500 shall be paid by the Group.

A subsidiary of the Group obtained the land parcel No. JWJ20210101 in Changzhou City, Jiangsu Province* (江蘇省常州市編號為JWJ20210101號地塊) by way of open tender auction. The land parcel is located in east of Renmin Road and north of Jiacheng Road, Jiaze Town, Wujin District, Changzhou City*(常州市武進區嘉澤鎮人民路東側、嘉成路北側). It occupies a transferred land area of 42,605.00 sq.m., and is planned for residential use with a plot ratio of >1.0 and ≤1.5. The

plot-ratio gross floor area is approximately 63,907.50 sq.m.. Land premium of RMB482,000,000 shall be paid by the Group.

A subsidiary of the Group obtained the land parcel No. TL040311-3 in Railway New District, Wenling City, Taizhou, Zhejiang Province* (浙江省台州溫嶺市鐵路新區TL040311-3號地塊) by way of cooperation. The land parcel is located in Xiayangzhang Village, Daxi Town, Wenling City* (溫嶺市大溪鎮下洋張村). It occupies a transferred land area of 39,525.00 sq.m., and is planned for residential, apartment, retail business, commercial and financial land uses with a plot

ratio of >1.0 and ≤3.5. The plot-ratio gross floor area is approximately 138,337.50 sq.m.. Land premium of RMB419,400,000 shall be paid by the Group.

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A subsidiary of the Group obtained the land parcel No. Pai 2005 in Wuhu City, Anhui Province* (安徽省蕪湖市編號為拍2005號地塊) by way of acquisition. The land parcel is located in east of Taoxin Road, south of Nanhu Road and north of Shuiyangjiang Road, Wuhu City*(蕪湖市陶辛路 以東、南湖路以南、水陽江路以北). It occupies a transferred land area of 55,391.60 sq.m., and is planned for residential use (available for ancillary commercial use) with a plot ratio of ≤2.2. The

plot-ratio gross floor area is approximately 121,861.52 sq.m.. Land premium of RMB159,250,000 shall be paid by the Group.

A subsidiary of the Group obtained the land parcels Nos. G21033, G21034, G21035, G21036, G21037 and G21038 in Daye City, Huangshi, Hubei Province* (湖北省黃石大冶市編號為 G21033號、G21034號、G21035號、G21036號、G21037號及G21038號地塊) by way of open tender auction. In particular, Nos. G21033, G21034 and G21035 are located in west of High- speed Railway Avenue and south of Weishi Road, Daye City*(大冶市高鐵大道西側、緯十路 南側), among which No. G21033 occupies a transferred land area of 57,438.28 sq.m., and is planned for commercial and residential uses with a plot ratio of ≤3.0 and plot-ratio gross floor area of ≤172,315 sq.m.; No. G21034 occupies a transferred land area of 60,591.74 sq.m., and is planned for commercial and service uses with a plot ratio of ≤2.5 and plot-ratio gross floor area of ≤151,480 sq.m.; and No. G21035 occupies a transferred land area of 33,093.94 sq.m., and is planned for commercial and residential uses with a plot ratio of ≤3.0 and plot-ratio gross floor area

of ≤99,282 sq.m.. Nos. G21036, G21037 and G21038 are located in west of High-speed Railway Avenue and south of Daqi Road, Daye City*(大冶市高鐵大道西側、大棋路南側), among which No. G21036 occupies a transferred land area of 20,566.81 sq.m., and is planned for commercial

and residential uses with a plot ratio of ≤3.1 and plot-ratio gross floor area of ≤63,757 sq.m.; No. G21037 occupies a transferred land area of 45,270.33 sq.m., and is planned for commercial and residential uses with a plot ratio of ≤3.1 and plot-ratio gross floor area of ≤140,338 sq.m.; and No. G21038 occupies a transferred land area of 37,966.03 sq.m., and is planned for commercial and residential uses with a plot ratio of ≤3.1 and plot-ratio gross floor area of ≤117,695 sq.m.. Land premium totalling RMB1,040,400,000 shall be paid by the Group.

The sales data as disclosed above is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collecting such sales information. As such, the above data is provided for the reference of shareholders and potential investors of the Company only. Shareholders and potential investors of the Company are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and potential investors of the Company are advised to seek professional advice from professionals or financial advisers.

By order of the Board

Seazen Group Limited

Wang Xiaosong

Chairman

The PRC, 10 May 2021

As at the date of this announcement, the Directors are Mr. Lv Xiaoping and Mr. Lu Zhongming as executive Directors, Mr. Wang Xiaosong, Mr. Qu Dejun and Mr. Zhang Shengman as non- executive Directors, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.

• Denotes English translation of a Chinese company or entity or address and is provided for identification purpose only.

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