NEW WORLD DEV (00017) clarifies three major market rumors: there is no significant progress in potential investments, an agreement has not been reached on contract changes for 11 SKIES, and the reset deadline for financing terms is uncertain.

NEW WORLD DEV (00017) issued a notice stating that the company is aware of media reports speculating on potential investments in the company, the group's "11 SKIES" project, and the group's financing arrangements. Regarding potential investments in the company, the company has made inquiries to its controlling shareholder (CHOW TAI FOOK Enterprises Limited) and has been informed that: (a) there have been no significant developments in the matters disclosed in the announcement issued by the company on January 30, 2026; and (b) the company has not reached any agreements with any potential investors, including the amount, nature or form of any potential investments in the company. As for the group's "11 SKIES" project, the company has been in discussions with the Airport Authority Hong Kong ("AAHK") to review and explore the possibility of making any changes to the contractual arrangements of the "11 SKIES" project. These discussions are ongoing, and the company has not reached any agreements with AAHK on any changes to the contractual arrangements of the "11 SKIES" project. Regarding the group's financing arrangements, the group will manage its financing arrangements with lenders in its daily business operations, and is not aware of any changes in the terms of the group's financing arrangements.