Picasso City Garden Development Plc. (“PCG”) together with Cambodia Securities Plc. is pleased to announce that the subscription period for PCGD PLC’s Initial Public Offering (IPO), held from [DD/MM/YY] to [DD/MM/YY], has been successfully completed. A total of YY,YYY,YYY shares were subscribed.

The results of the subscription have been formally reviewed and approved by the Securities and Exchange Regulator of Cambodia (SERC). Investors may refer to the attached document for the official allotment details.

We extend our sincere appreciation for your participation and continued support

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