Progress of proposed debt restructuring

力高集團 REDCO GROUP REDCO PROPERTIES GROUP LIMITED 力高地產集團有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1622) PROGRESS OF PROPOSED DEBT RESTRUCTURING Reference is made to the announcement of the Company dated 28 August 2026 in connection with the restructuring proposal (the “Proposed Restructuring”) in respect of the Group’s financial indebtedness (collectively, the “An