Profit Warning

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.(Incorporated in Hong Kong with limited liability) (Stock Code: 18) PROFIT WARNING This announcement is made by Oriental Enterprise Holdings Limited (the “Company” and together with its subsidiaries the “Group”) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).The board of directors of the Company (the “Board”) wishes to inform the shareholders of the Company and potential investors that based on its preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2024 (the “Reporting Period”) and the information currently available to the Board the Board is expected the Group to record a consolidated profit attributable to owners of the Company of approximately HK$65000000 to HK$80000000 while the audited consolidated profit attributable to owners of the Company was approximately HK$166564000 in the same period of last year. The decrease in profit was mainly attributable to (i) the local economic activities lack momentum in recovering from the downturn which directly led to the decrease of the Group’s revenue from the media business; (ii) the government no longer provides support subsidies during the Reporting Period while the Group received the government support subsidies of approximately HK$22277000 in the same period of last year; (iii) gain on disposal of properties in Australia and the reversal of provision for expected credit losses of license fee receivable from the settlement of the dispute with the hotel operator on license fee receivable in Australia total net amounting to approximately HK$19472000 in the same period of last year; and (iv) the decrease in valuation of investment properties and impairment of leasehold buildings held by the Group at the end of the Reporting Period with net amount of approximately HK$9743000.The Company is still in the process of finalising the Group’s final results for the Reporting Period. The information contained in this announcement is only a preliminary assessment by the Board based on the unaudited consolidated management accounts of the Group for the Reporting Period and the information 1currently available to it which have not been reviewed by the audit committee or audited by the auditors of the Company and may be subject to adjustments. As such the actual final results of the Group may differ from the information contained in this announcement. The Group’s audited final results for the Reporting Period are expected to be published before the end of June 2024.Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.By order of the Board Oriental Enterprise Holdings Limited Shun-chuen LAM Chief Executive Officer Hong Kong 7 June 2024 As at the date hereof the Board comprises seven directors of which three are executive directors namely Mr. Ching-fat MA (Chairman) Mr. King-ho MA (Vice Chairman) and Mr. Shun-chuen LAM (Chief Executive Officer) one non-executive director namely Mr. Dominic LAI and three independent non-executive directors namely Mr. Yau-nam CHAM Mr.Yat-fai LAM and Ms. Ching-wah YIP. 2