CR BEVERAGE (02460): Stable price action and end of stable price period.

CR BEVERAGE (02460) announces that the stabilizing period for the global offering ended on November 17, 2024 (Sunday) (i.e. the 30th day after the deadline for submitting the Hong Kong public offering application). During the stabilizing period, the stabilizing manager UBS AG Hong Kong Branch or any person acting on behalf of UBS AG Hong Kong Branch took the following stabilizing actions: (1) A total of 52.1738 million shares were allocated in excess in the international offering, accounting for approximately 15.00% of the preliminary total available for subscription under the global offering before the exercise of any excess allocation rights. (2) The stabilizing manager UBS AG Hong Kong Branch borrowed a total of 52.1738 million shares from China Resources (Beverages) Limited under a stock borrowing agreement to make up for the excess allocation in the international offering. (3) During the stabilizing period, a total of 1.8034 million shares were continuously purchased in the market at prices ranging from HK$14.20 to HK$14.50 per share. The last purchase date in the market during the stabilizing period was November 12, 2024 (Tuesday) at a price of HK$14.50 per share. (4) The overall coordinating manager (on behalf of itself and the international underwriters) partially exercised excess allocation rights on November 12, 2024 (Tuesday) for a total of 50.3704 million shares at a price of HK$14.50 per share, in order to facilitate the repayment of a portion of the borrowed shares from China Resources (Beverages) Limited used to make up for the excess allocation in the international offering. During the stabilizing period, the stabilizing manager did not sell any shares in the market for stabilizing purposes.