The board (the "Board") of directors of the Yunfeng Financial Group Limited (the "Directors") announced that on 25 January 2024, the Company, as borrower, entered into a facility agreement ("Facility Agreement") with a syndicate of banks as original lenders (the "Lenders") for granting to the Company of sustainability-linked term and revolving loan facilities of up to HKD 1,400,000,000 (with a greenshoe option to increase the facility up to an amount to be further agreed amongst the parties) (the "Sustainability-linked Loan Facility") for a period of three years commencing from the date of execution of the Facility Agreement. The entering into of the Facility Agreement manifests the Company's commitment to sustainability in long term growth, with the Sustainability-linked Loan Facility to be utilised for firstly repaying an existing bank loan, and then secondly financing the general working capital requirements of the Group. The Sustainability-linked Loan Facility is associated with the Group's environmental, social and governance sustainability performance and is verified by an independent third- party professional assessment body that it is in alignment with the Sustainability-linked Loan Principles.

When the predetermined sustainability performance targets for the relevant financial year are achieved, an interest rate concession will be obtained by the Company and thus saving on its borrowing costs under the Sustainability-linked Loan Facility. The Board believes that the Sustainability-linked Loan Facility is a sensible and effective way to incentivize progress in the Company's sustainability performance.