HONG KONG SAR - Media OutReach Newswire - 24 April 2025 - Chinachem Group ("CCG") announced today the successful closure of an HK$8 billion syndicated loan facility ("the Facility"), marking its debut syndicated loan and establishing a new benchmark for sustainable finance in Asia. As the region's first syndicated loan to combine green, social and sustainability-linked components, the Facility garnered exceptional market reception, with final commitments from 12 leading international, regional and local banks, oversubscribed by over 2.5 times the initial target.

Chinachem Group seals a key financial partnership with Bank of China (Hong Kong) Limited, DBS Bank Hong Kong, Hang Seng Bank Limited, and The Hongkong and Shanghai Banking Corporation Limited at the Signing Ceremony of the HK$8,000,000,000 Green, Social and Sustainability-Linked Syndicated Loan in Hong Kong on 24 April 2025.

Adding to the enhanced financial strength, the innovative financing structure of the Facility also reinforces CCG's position at the forefront of responsible development while creating a replicable model for aligning financial instruments with sustainable urban transformation.

Peter Brien, Chairman and Independent Non-Executive Director of Chinachem Group Holdings Limited, says, "This triple-themed Facility exemplifies our vision of building sustainable legacies – where environmental stewardship, social responsibility and financial performance converge. It directly accelerates our CCG 3050+ carbon reduction roadmap, which commits by 2030 to reduce carbon intensity by at least 51.8% from our 2020 baseline. By aligning financing with measurable sustainability outcomes, we're institutionalising responsible development at every level of our business."

Andy Cheung, Executive Director and Chief Executive Officer of Chinachem Group, says, "The overwhelming support from our banking partners demonstrates our shared commitment to future-proofing Hong Kong's development. The Facility provides both the capital and accountability framework we need to deliver lasting value – for our stakeholders, our communities and our urban environment."

The Facility operates under CCG's enhanced Sustainable Finance Framework, fully aligned with the "Hong Kong Taxonomy for Sustainable Finance" published by the Hong Kong Monetary Authority.

The Facility is backed by:

Mandated Lead Arrangers and Bookrunners

1. Bank of China (Hong Kong) Limited
2. DBS Bank Hong Kong
3. Hang Seng Bank Limited
4. The Hongkong and Shanghai Banking Corporation Limited

Mandated Lead Arrangers

5. Fubon Financial Holding Co., Ltd.
6. Bank of Communications (Hong Kong) Limited
7. Industrial Bank Co., Ltd., Hong Kong Branch

Lead Arranger

8. OCBC Bank (Hong Kong) Limited

Arrangers

9. Bank of East Asia
10. China Everbright Bank Co., Ltd., Hong Kong Branch
11. Chiyu Banking Corporation Limited
12. Nanyang Commercial Bank, Limited

Facility Agent
Hang Seng Bank Limited

Sole ESG Coordinator
The Hongkong and Shanghai Banking Corporation Limited

The issuer is solely responsible for the content of this announcement.

Please visit www.chinachemgroup.com/en