CHI SILVER GP(00815): Partially completed in accordance with special authorization to subscribe for new shares.

CHI SILVER GP (00815) announces that the company has obtained a subscription agreement under item E (related subscription agreement), with a partial consideration of HK$33.15 million (corresponding to 65 million shares to be subscribed). As the conditions precedent stated in the subscription agreement have been met, on May 5, 2026, in accordance with the terms and conditions of the subscription agreement, the subscription agreement has been partially completed (certain subscription matters completed). The 65 million shares to be subscribed under the subscription agreement (subscription shares) (representing approximately 2.14% of the issued share capital of the company before the completion of certain subscription matters, and approximately 2.10% of the issued share capital of the company after the issuance of the subscription shares under the completion of certain subscription matters) have been issued to the subscriber at a subscription price of HK$0.51 per share. The net proceeds from the completion of certain subscription matters (after deducting related expenses and costs) of approximately HK$33.09 million will be applied as disclosed in the announcement and circular. Regarding the remaining subscription of a total of 845 million shares (remaining subscription matters) under the subscription agreement, it is expected to be completed in accordance with the terms and conditions of the respective subscription agreements. The company will make further announcements as necessary regarding the completion of the remaining subscription matters.