PAG fund vehicle signs conditional Evergrande Property Services purchase

Everest Holdings I Limited, wholly owned by PAG Asia IV LP, signed an agreement on October 28, 2026 to acquire 5,515,229,000 Evergrande Property Services shares from China Evergrande Group and CEG Holdings for HKD4,026,133,469.90. Conditions remained unfulfilled at the October 30 announcement. This is a conditional purchase of existing shares, not completed ownership or primary issuance.