CK Hutchison Holdings Limited announced on the Hong Kong Stock Exchange that the Panama Ports Company (PPC) a subsidiary in which the company indirectly holds a 90% interest, has received legal opinions indicating that the decision announced by the Supreme Court of Panama and the corresponding actions taken by the Panamanian government regarding PPC's operations at the two ports are inconsistent with the relevant legal framework and the laws approving the concession agreement.

On February 3, 2026, PPC will actively and decisively initiate arbitration against the Republic of Panama in accordance with the applicable concession agreement and the arbitration rules of the International Chamber of Commerce. The Board strongly opposes the ruling and corresponding actions in Panama, and the Group continues to consult its legal advisors while reserving all rights, including pursuing further domestic and international legal proceedings on this matter.