Madison Holdings Group Limited 麥迪森控股集團有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：8057） NOTIFICATION LETTER 通知信函 Dear Registered Shareholders, Madison Holdings Group Limited (the "Company") – Notification of publication of Interim Report 2025 (the "Current Corporate Communication") The Company's Current Corporate Communication is now available on the Company's website at www.madison-group.com.hk and the website of The Stock Exchange of Hong Kong Limited ...

Revenue Performance - For the six months ended September 30, 2025, total revenue was HK$33,462,000, a decrease of 2.8% compared to HK$34,437,000 for the same period in 2024[17]. - Sales of alcoholic beverages contributed HK$9,907,000, up from HK$9,701,000, reflecting a growth of 2.1%[17]. - Loan financing services generated revenue of HK$23,555,000, down 4.8% from HK$24,736,000 in the previous year[17]. - Other income decreased to HK$865,000 from HK$2,115,000, a decline of 59.1%, impacting overall profitability[17]. - The Group's revenue for the six months ended 30 September 2025 decreased by approximately 2.6% to approximately HK$33.5 million compared to HK$34.4 million in 2024[175]. - Revenue from the Loan Financing Business decreased by approximately 4.5% to approximately HK$23.6 million, down from HK$24.7 million in 2024, with a segment profit decrease of approximately 37.0% to HK$7.5 million[179]. - Revenue from the Wine Business increased by approximately 2.1% to approximately HK$9.9 million, up from HK$9.7 million in 2024, but the segment loss increased by approximately 107.7% to HK$2.7 million[178]. Financial Losses - Loss before tax for the period was HK$4,778,000, compared to a loss of HK$2,377,000 in the same period last year[17]. - The loss for the period amounted to HK$6,268,000, compared to a loss of HK$5,298,000 in the previous year, indicating a worsening financial position[17]. - For the six months ended September 30, 2025, the loss attributable to owners of the Company was HK$9,646,000, compared to a loss of HK$6,885,000 for the same period in 2024, representing an increase in loss of approximately 40.5%[18]. - The net loss for the period attributable to the owners of the Company was HK$9,646,000, compared to a loss of HK$6,885,000 in the previous year, representing an increase in loss of 40.5%[78]. - The Group's loss for the Period was approximately HK$6.3 million, an increase of approximately HK$1.0 million compared to the loss of HK$5.3 million in 2024[176]. Impairment and Credit Risk - The net impairment recognized on loan and interest receivables rose significantly to HK$8,110,000 from HK$3,903,000, indicating increased credit risk[17]. - The Group recognized an increase in net impairment on loan and interest receivables of approximately HK$4.2 million during the Period[176]. - A net impairment loss of approximately HK$8.1 million was recognized during the period, compared to HK$3.9 million in 2024[188][191]. - The Group employs an Expected Credit Loss (ECL) model for impairment assessment, considering historical default experience and future macro-economic conditions[186][189]. Assets and Liabilities - Non-current assets increased to HK$43,439,000 as of September 30, 2025, up from HK$21,703,000 as of March 31, 2025, reflecting a growth of approximately 100.5%[19]. - Current assets decreased to HK$302,268,000 from HK$315,284,000, a decline of about 4.1%[19]. - Net current assets decreased to HK$107,087,000 from HK$127,703,000, representing a decrease of approximately 16%[20]. - Total consolidated assets increased to HK$345,707,000 from HK$336,987,000, marking a growth of 3.43%[57]. - Total segment assets as of September 30, 2025, were HK$280,565,000, down from HK$305,320,000 as of March 31, 2025[57]. - The total loan and interest receivables decreased to HK$253,745,000 as of September 30, 2025, down 8.3% from HK$276,805,000 as of March 31, 2025[82]. - The Group held collaterals valued at approximately HK$249,443,000 as of September 30, 2025, a decrease from HK$338,580,000 as of March 31, 2025[86]. Cash Flow and Financing - Net cash from operating activities increased to HK$36,958,000 for the six months ended September 30, 2025, compared to a net cash outflow of HK$16,874,000 in the same period of 2024[27]. - Cash and cash equivalents at the end of the period rose to HK$55,819,000, up from HK$13,316,000 at the end of the previous year[27]. - The Group's net cash used in financing activities decreased to HK$4,445,000 from HK$7,620,000 year-over-year[27]. - The Company’s bank balances and cash increased significantly to HK$55,819,000 from HK$22,316,000, marking an increase of approximately 150%[19]. Share Options and Equity - The Company reported a basic and diluted loss per share of HK$1.55 for the period, compared to HK$1.10 in the previous year, reflecting an increase in loss per share of approximately 41%[18]. - The total remuneration for directors and key management during the six months ended September 30, 2025, is HK$1,836,000, a decrease of 42.9% from HK$3,183,000 in the same period of 2024[135]. - The company has issued a total of 623,127,227 ordinary shares as of September 30, 2025, maintaining the same number since April 1, 2024[128]. - The total number of share options outstanding as of April 1, 2025, was 48,470,000, which decreased to 48,250,000 by September 30, 2025[167]. - The weighted average exercise price of the share options as of September 30, 2025, was HK$11.8[167]. Corporate Governance and Compliance - The Group's financial statements are prepared in accordance with Hong Kong Accounting Standards and comply with the GEM Listing Rules[33]. - The interim financial statements have not been reviewed or audited by the independent auditor but have been reviewed by the audit committee[38]. - The Group has applied new amendments to HKFRS Accounting Standards, which had no material impact on financial performance for the current and prior periods[37].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 麥迪森控股集團有限公司 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08057 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 623,127,227 | | 0 | | 623,127,227 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 623,127,227 | | 0 | | 623,127,227 | 第 2 頁 共 10 頁 v 1.1.1 呈交日期: 2025年12月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準 確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容 而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請或要約。 Madison Holdings Group Limited 麥迪森控股集團有限公司 (於開曼群島註冊成立的有限公司) （股份代號: 08057） 補充公告 有關根據特別授權授出購股權事項 董事會謹此公告，於2025年11月30日，本公司（作為發行人）與SRA（作為認購人）訂立 第三份購股權協議之補充協議（「第三份購股權協議之補充協議」），據此，雙方同意修 訂購股權期限為自購股權授出日期起計五（5）年內。 董事會考慮到於完成購股權後對本集團帶來的利益（詳見公告中「訂立第三份購股權協議 及第三份貸款展期協議的理由以及所得款項用途」一段），以及根據第三份購股權協議之 補充協議修訂後的購股權期限將使其符合《GEM上市規則》第21.02(2)條的規定，認為第 三份購股權協議之補充協議的條款屬公平合理，符合本公司及股東的整體利益。 除上文所 ...

Core Viewpoint - Madison Holdings (08057) has entered into a third share option agreement with SRA, allowing SRA to acquire up to 85,922,330 shares at a price of HKD 1.03 per share, conditional upon the completion of a loan extension agreement [1] Group 1 - The company has agreed to grant share options to SRA at a nominal price of HKD 1.00 [1] - The share options can be exercised within the specified term of the agreement [1] - The completion of the share options is contingent upon the loan extension agreement becoming unconditional [1]

Core Viewpoint - Madison Holdings (08057) has entered into a third share option agreement with SRA, allowing SRA to acquire up to 85,922,330 shares at a price of HKD 1.03 per share, conditional upon the completion of a loan extension agreement [1] Group 1 - The company has agreed to grant share options to SRA at a nominal price of HKD 1.00 [1] - The share options can be exercised within the specified period as per the terms of the third share option agreement [1] - The completion of the share options is contingent upon the loan extension agreement becoming unconditional [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請或要約。 Madison Holdings Group Limited 麥迪森控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：08057） (1) 根據特別授權授出購股權； 及 (2) 第三份貸款展期協議 背景 茲提述(i)本公司日期為2022年6月6日、2022年8月9日、2022年8月23日、2023年10月 3日、2023年11月24日及2023年12月5日的公告；以及(ii)本公司日期為2022年7月19日 及2023年11月7日的通函，內容有關（其中包括）授出第一份購股權及第二份購股權。 於本公告日期，本公司間接非全資附屬公司酩酒貸結欠SRA本金額為1,400,000,000日 圓的貸款，貸款初步於初步到期日（即2021年9月30日）到期償還。 –1– 第一份購股權協議 作為本公司同意訂立第一份購股權協議以向SRA授出 ...

Core Viewpoint - Madison Holdings (08057) reported a decrease in revenue and an increase in loss for the six months ending September 30, 2025, indicating challenges in its loan financing business despite some growth in its wine business [1] Financial Performance - The company achieved revenue of HKD 33.462 million, a year-on-year decrease of 2.83% [1] - The loss attributable to shareholders for the period was HKD 9.646 million, representing a year-on-year increase of 40.1% [1] - Basic loss per share was HKD 0.0155 [1] Business Segments - Revenue from loan financing decreased by approximately 4.5%, contributing to the overall decline in revenue [1] - The wine business experienced a revenue increase of about 2.1%, partially offsetting the losses from the loan financing segment [1]

Core Viewpoint - Madison Holdings (08057) reported a slight decrease in revenue and a significant increase in loss for the six months ending September 30, 2025, indicating challenges in its loan financing business despite some growth in its wine business [1] Financial Performance - The company achieved revenue of HKD 33.462 million, representing a year-on-year decrease of 2.83% [1] - The loss attributable to owners for the period was HKD 9.646 million, which is a 40.1% increase compared to the previous year [1] - Basic loss per share was HKD 0.0155 [1] Business Segments - Revenue from loan financing decreased by approximately 4.5%, contributing to the overall decline in revenue [1] - The wine business experienced a revenue increase of about 2.1%, partially offsetting the losses from the loan financing segment [1]

麥迪森控股集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：08057） Madison Holdings Group Limited 截 至2025年9月30日 止6個月之中期業績公告 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交 所主板上市的公司帶有較高投資風險。有意投資者應了解投資於該等公司的潛在 風險，並應經過審慎周詳的考慮後方可作出投資決定。 由 於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣 之證券承受較大的市場波動風險，同時無法保證在GEM買賣的證券會有高流通 量的市場。 香港交易所及結算有限公司及聯交所對本中期公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本中期公告全部或任何部分內 容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 本公告乃遵照聯交所GEM證 券 上 市 規 則（「GEM上市規則」）而 刊 載，旨 在 提 供 有 關 麥迪森控股集團有限公司（「本公司」）的資料，本公司的董事（「董事」）願就此共同及 個別地承擔 ...