SPACE GROUP(02448): The restructuring agreement has been terminated and the last trading day of the shares is February 25th.

SPACE GROUP (02448) announces that, as disclosed in the joint announcement with investors on February 5, 2026, unless the liquidators and investors have agreed otherwise, if the shares are delisted from the Stock Exchange before the completion date and the decision is not reversed by the Listing Review Committee, the restructuring agreement will automatically terminate. As disclosed in the announcement dated February 20, 2026, the Stock Exchange has issued a delisting decision, and the Company did not exercise its right to submit the delisting decision to the Listing Review Committee for review within the time specified in Chapter 2B of the Listing Rules. As there is no agreement or arrangement between the Company, liquidators, and investors to continue with the restructuring, the restructuring agreement has automatically terminated, and the proposed transactions (including share consolidation, subscription matters, placement matters, creditor schemes, whitewash waivers, and special transactions) will not proceed. Therefore, the Company will not implement the proposed change to the board lot trading unit. The Stock Exchange has notified the Company that the last trading day for the shares will be February 25, 2026, and the listing status will be canceled from 9:00 a.m. on February 26, 2026.