JS GLOBAL LIFE (01691): The lender intends to provide JS&W Global with a term loan facility in the amount of US$200 million.

JS GLOBAL LIFE (01691) announces that the Company has been notified by JS&W Global Holding Limited Partnership (JS&W Global), the controlling shareholder of the Company, that on October 16, 2026, JS&W Global entered into a memorandum of understanding (the MOU) with a third party independent of the Company and its connected persons (the Lender). Pursuant to the MOU, the Lender intends to provide JS&W Global with a term loan facility in the amount of US$200 million (the Loan), and prior to the provision of the Loan, JS&W Global will enter into a share pledge (the Pledge), pursuant to which part of the shares of the Company held by JS&W Global (the Pledged Shares) will be pledged in favor of the Lender as security for the Loan. As at the date of this announcement, JS&W Global directly holds 1,836,844,233 shares of the Company, representing approximately 52.87% of the total issued share capital of the Company. As the pledge of the Pledged Shares is not used to secure the debts of the Company or to provide support for guarantees or other liabilities of the Company, it does not fall within the scope of Rule 13.17 of the Listing Rules. The Loan and the Pledge will not affect JS&W Global's status as the controlling shareholder of the Company, nor will they affect the normal operations of the Company and its subsidiaries.