CH DREDG ENV(00871): The execution of such cases has no significant impact on the Group's business, financial position or operations, or on the Group's annual performance.

CH DREDG ENV (00871) announced that the company has noted that Jiangsu Xingyu Holdings Group Co., Ltd. (Jiangsu Xingyu) and several other affiliated companies of the company have been listed as "debtors" in two enforcement cases in the People's Republic of China totaling RMB 1.29 billion by 2025, and their equity has been frozen. The Group does not hold any equity in Jiangsu Xingyu. The equity of Jiangsu Xingyu is fully owned by Mr. Liu Kaijin, the main shareholder of the company. Through a series of agreements (contractual arrangements) entered into with the relevant parties in 2011, the Group conducts most of its business through Jiangsu Xingyu. Based on the contractual arrangements and other measures, the Group has control over Jiangsu Xingyu and its affiliated companies, and has the right to receive variable returns from its dealings with Jiangsu Xingyu and its affiliated companies, and can influence those returns through its control over Jiangsu Xingyu and its affiliated companies. Jiangsu Xingyu is mainly engaged in infrastructure and dredging business, environmental dredging business, and other maritime businesses, and in terms of operating assets held and the scale of the Group's projects, it is considered the largest wholly-owned subsidiary of the Group. According to the information currently available to the company and confirmed by Mr. Liu, the enforcement cases are due to Mr. Liu's personal debt disputes. The Group is not the main debtor in this debt. Mr. Liu has acknowledged that the debt is his personal responsibility and has assured the company's management that he is in negotiations with creditors to resolve the debt and lift the freeze; at the same time, he further stated that this matter should not have a significant impact on the company's corporate structure, operations or financial condition. The company has also consulted its legal advisors on Chinese law related to the enforcement cases and has been informed that since Jiangsu Xingyu has not received any enforcement requests related to the cases, the company cannot assess or determine whether any action needs to be taken, or whether there are any actual or contingent liabilities. The company believes that at this stage, the enforcement cases do not have a significant impact on the company's business, financial condition, operations, or the group's annual performance for the year ending December 31, 2025. The company will continue to monitor the progress of the enforcement cases and make further announcements at the appropriate time on any significant developments.