Legendary East was advised in the proposed placing and structuring of new shares by PYE by financial advisors Centerview Partners LLC. Legendary was advised in the structuring and formation of Legendary East by Goldman, Sachs & Co. Both Legendary and Legendary East were advised by lawyers O’Melveny & Myers LLP in Los Angeles and Hong Kong. Anglo Chinese Corporate Finance, Limited is the financial advisor and Reed Smith Richards Butler is the legal advisor to PYE. UBS AG is the placing agent for PYE. Paul, Weiss, Rifkind, Wharton & Garrison LLP advised Goldman, Sachs & Co.

The transaction is subject to the fulfillment of certain conditions, including approval from PYE’s shareholders at a Special General Meeting.