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China Overseas Land and Investment Limited Announces Property Sales Results for February 2022 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 4 Mar 2022) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for February 2022, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately RMB10.839 billion and the corresponding gross floor area (“GFA”) sold was approximately 585,500 square meters.

From January to February 2022, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately RMB25.618 billion and the accumulated corresponding GFA sold was approximately 1,413,300 square meters.

For February 2022, the Company (together with its subsidiaries (collectively, the “Group”)), acquired 2 land parcels in Beijing with an aggregate attributable GFA of approximately 301,705.48 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB5,740.00 million.

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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