CA CULTURAL (01566): Creditor Plan Comes into Effect

CA CULTURAL (01566) and Kyosei-Bank Co., Ltd. jointly announce that the subscription agreement was completed on August 14, 2026, and as of the date of this joint announcement, all conditions relating to the wash waiver have been fully met. Upon completion and as of the date of this joint announcement, the investors hold interests in 530.8 million new shares, representing approximately 74.97% of the company's expanded issued share capital (and approximately 74.97% of total voting rights) following the subscription and planned share expansion. The creditor plan, approved by the High Court on March 19, 2024, has come into effect with the completion of the subscription agreement on August 14, 2026. After the relevant resolutions were passed at the extraordinary general meeting held on May 27, 2026, all conditions attached to the consent granted by the executives regarding the special transaction of the plan and Mr. Lin's special transaction have been fulfilled. Following the effective date of the creditor plan, the company has allotted and issued 59 million plan shares to the plan company for the benefit of creditors, pending distribution to creditors with recognized claims.