CARRY WEALTH (00643) receives a letter from Kang, Xiao & He Law Firm regarding a share charge.

CARRY WEALTH (00643) announces that on September 22, 2026, the Company was served with a letter from Kang, Xiao & He Law Firm (on behalf of Mr. Chan Chi Chung and Mr. Kam Chung Hang, the joint and several receivers (the "Receivers") of the entire issued share capital of MARS Worldwide Holdings Limited ("MARS")) (the "Charged Shares"), pursuant to which the Receivers, as chargor, were appointed by Giant Fortune International Development Limited to deal with: (a) a share charge dated April 14, 2026 entered into between Zephyrus Capital Limited as chargor and Giant Fortune as chargee in respect of the entire issued share capital of MARS; and (b) a deed of appointment dated June 30, 2026. As stated in the letter, the appointment arose from an event of default in respect of the outstanding loan and interest under a loan agreement dated April 14, 2026. MARS is a company incorporated in the British Virgin Islands and directly holds 411 million shares of the Company (representing approximately 45.71% of the issued share capital of the Company). The Receivers have procured the transfer of the Charged Shares to the Receivers (as the sole registered owner of the Charged Shares), and the Receivers have procured the appointment of their nominees as directors of MARS. Currently, all directors of MARS are nominees of the Receivers. Accordingly, the Receivers have obtained control of MARS. The appointment of the Receivers is intended to facilitate the enforcement of the relevant share charge, including the possible sale of the Charged Shares to repay the outstanding amounts under the relevant loan agreement. Accordingly, the Receivers may contact the Company as and when necessary to perform and/or complete the memorandum of understanding and the proposed disposal. The Company has been informed that the matter has entered into judicial proceedings and is scheduled for a hearing on September 27, 2026. As at the date of this announcement, the Company has not received further information regarding the outcome of the judicial proceedings, the terms of the memorandum of understanding, the identity of any proposed purchaser, the terms of any proposed disposal, the consideration involved, or whether any proposed disposal will proceed or be completed. The Company is unable at this stage to independently verify all matters stated in the letter. The Company will continue to monitor the development of the matter, including the judicial proceedings and any potential changes in the ownership or control of MARS and/or the relevant shares. Shareholders and potential investors of the Company should note that any proposed disposal as stated in the letter is not guaranteed to proceed or be completed.