SUNSHINE 100 (02608): Three directors violated the ban on selling company shares during the restricted period due to default on margin financing.

SUNSHINE 100 (02608) announces that the company has received notifications from its executive director and Chairman and CEO Mr. Yi Xiaodi, executive director Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua, that they are required to sell 2,496,000 shares of the company's stock held by Lesheng Holdings Limited on the open market in a forced sale manner, representing approximately 0.1% of the company's issued share capital as of the date of this announcement, due to a default in margin financing. According to Appendix C3 of the Listing Rules, the directors of the company are prohibited from trading any securities of the company during the lock-up period, which is the day of the publication of the financial performance of the company and the 60 days prior to the publication of the annual financial performance. The board meeting for the publication of the annual financial performance ending on December 31, 2024, will be held on March 28, 2025. Although Mr. Yi, Mr. Fan, and Ms. Fan do not have any influence or control over the sale, the sale is still within the lock-up period and considered as them engaging in trading activities.