Trading Arrangement Notices
PION REW N2802<40071> - New Listing

Market participants are requested to note that dealings in the
2.95 per cent. guaranteed notes due February 2028 issued by
Pioneer Reward Limited will commence on Tuesday, 03/02/2026
under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
40071       PION REW N2802       HKD1,000,000     HKD
                                 or 10,000 units