SUN HUNG KAI CO (00086) intends to invest in a joint investment fund newly established and managed by Trian Partners to participate in the acquisition of JHG.

SUN HUNG KAI CO (00086) and ALLIED GROUP (00373) jointly announced that, on December 21, 2025 (New York time), the subscriber (an indirect wholly-owned subsidiary of Sun Hung Kai, which is an indirect non-wholly-owned subsidiary of ALLIED GROUP) entered into a binding equity commitment agreement. The subscriber agreed to commit up to a maximum of 100 million US dollars (equivalent to approximately 7.78 billion Hong Kong dollars) to invest in a joint investment fund newly established and managed by Trian Partners in order to participate in the acquisition of JHG. JHG is a global asset management company that is currently listed on the New York Stock Exchange and manages assets of 484 billion US dollars. Sun Hung Kai is committed to expanding its alternative investment platform through strategic investments and global partnerships. JHG is headquartered in London and listed on the New York Stock Exchange, and is a leading global active asset management company that aims to help clients establish and achieve excellent financial results through unique insights, disciplined investments, and world-class service. As of September 30, 2025, JHG manages assets of approximately 484 billion US dollars and has offices in 25 cities worldwide. We believe that the investment in JHG through the fund will further enhance our ability to provide innovative solutions for our clients and support the continued growth of the platform.