Vanke Hong Kong Stock Exchange announced that according to the relevant announcement of Vanke Enterprise Co., Ltd. in 2022, the “Proposal to Extend the Grace Period for Current Medium-Term Notes” was passed, extending the grace period for principal and interest payment dates during the lifetime of the current medium-term notes from 5 working days to 30 trading days. If the principal and interest of the current medium-term notes are fully repaid within a grace period of 30 trading days, the event of default is eliminated, or exempted through a bondholders' meeting, this does not constitute a default on the issuer's contract on the current medium-term note, and does not trigger liability for default in relation to the current medium-term note. That is, until the end of the grace period of 30 trading days, the issuer is not deemed to have breached the contract. No penalties will be set or accrued during the grace period. Interest will continue to be paid according to the face interest rate of the current medium-term note during the unpaid grace period, actual daily interest will be paid in full during the grace period, and no additional interest will be accrued during the grace period.

Vanke Hong Kong Stock Exchange announced that according to the relevant announcement of Vanke Enterprise Co., Ltd. in 2022, the “Proposal to Extend the Grace Period for Current Medium-Term Notes” was passed, extending the grace period for principal and interest payment dates during the lifetime of the current medium-term notes from 5 working days to 30 trading days. If the principal and interest of the current medium-term notes are fully repaid within a grace period of 30 trading days, the event of default is eliminated, or exempted through a bondholders' meeting, this does not constitute a default on the issuer's contract on the current medium-term note, and does not trigger liability for default in relation to the current medium-term note. That is, until the end of the grace period of 30 trading days, the issuer is not deemed to have breached the contract. No penalties will be set or accrued during the grace period. Interest will continue to be paid according to the face interest rate of the current medium-term note during the unpaid grace period, actual daily interest will be paid in full during the grace period, and no additional interest will be accrued during the grace period.