Great Wall Terroir Holdings LimitedHKEX: 524

Supplemental announcement in relation to placing of new shares under general mandates

· Issued by Great Wall Terroir Holdings Limited

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.



Great Wall Terroir Holdings Limited

長城天下控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 524)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Great Wall Terroir Holdings Limited (the "Company", together with its subsidiaries, the "Group") dated 24 April 2026 in relation to the proposed placing of up to 39,385,500 Placing Shares by the Company, through the Placing Agent, pursuant to the Placing Agreement (the "Announcement"). Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Announcement.

USE OF NET PROCEEDS FROM THE PLACING

The Board would like to provide the following supplemental information on the detailed breakdown of the net proceeds from the Placing of approximately HK$18.01 million that will be used for the Group's general working capital by October 2027, as to (i) approximately HK$12.0 million for salaries and rental expenses; (ii) approximately HK$2.9 million for professional fees including legal advisory, audit and company secretarial services expenses;

(iii) approximately HK$1.0 million for repayment of debts; and (iv) approximately HK$2.11 million for operating and other administrative expenses including listing fee, registrar service fee, financial printing, insurance, corporate annual fees and utilities expenses. The unutilised Placing proceeds will be placed with licensed commercial banks in Hong Kong as short-term deposits for the time being.

Save for the updated information in this announcement, all other information disclosed in the Announcement remain unchanged. Shareholders and potential investors should note that the completion of the Placing is subject to fulfillment of the conditions under the Placing Agreement.

By Order of the Board of

Great Wall Terroir Holdings Limited Cheung Siu Fai

Chairman and Executive Director

Hong Kong, 30 April 2026

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Cheung Siu Fai (chairman), Mr. Hui Chun Wai Henry and Mr. Leung Hon Man, and three independent non-executive Directors, namely Mr. Fong Wai Ho, Mr. Chow Hiu Tung and Ms. Dong Jianmei.

In the case of inconsistency, the English text of this announcement shall prevail over the Chinese text.

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