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China Overseas Grand Oceans Group Limited Announces Property Sales Results for May 2022 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 7 June 2022) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for May 2022, the property contracted sales of the Company and its subsidiaries (the “Group”) amounted to RMB3.676 billion and the contracted gross floor area (“GFA”) reached 375,600 square meters, with a year-on-year decrease of 63.6% and 45.3% respectively, a month-on-month increase of 26.3% and 24.5% respectively.

From January to May 2022, the total property contracted sales amounted to RMB15.744 billion and the total contracted GFA reached 1.53 million square meters, with a year-on-year decrease of 50.5% and 34.2% respectively.

As at the end of May 2022, the property subscription sales amounted to RMB1.182 billion and the subscription GFA reached 90,300 square meters.

In May 2022, the Group did not acquire any land parcel. From January to May 2022, the Group newly acquired attributable GFA of 770,000 square meters with attributable land cost of RMB3.9 billion.

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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