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China Overseas Grand Oceans Group Limited Announces Property Sales Results for February 2023 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 6 March 2023) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for February 2023, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB5.261 billion and the contracted gross floor area (“GFA”) reached 441,700 square meters, with a year-on-year increase of 135.5% and 89.1% respectively.

From January to February 2023, the total property contracted sales amounted to RMB7.848 billion and the total contracted GFA reached 670,700 square meters, with a year-on-year increase of 34.0% and 25.5% respectively.

As at the end of February 2023, the property subscription sales amounted to RMB1.544 billion and the subscription GFA reached 118,400 square meters.

In February 2023, the Group did not acquire any land parcel.

Note: In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.

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