List of Amended Standards issued that are applicable to accounting periods beginning on or after 1 January 2026

HKFRS Standards UpdateHKFRS Accounting StandardsSection I. Amended Standards issued that are applicable to accounting periods beginning on or after1 January 2026Standards affectedAmendments relate toMembers' HandbookHKFRS 9 and HKFRS 7Classification and Measurement of FinancialInstruments (amendments)

Update No. 315HKFRS 1, HKFRS 7,HKFRS 9, HKFRS 10 andHKAS 7Annual Improvements to HKFRSAccounting Standards — Volume 11Update No. 316HKFRS 9 and HKFRS 7Contracts Referencing Nature-dependentElectricity (amendments)

Update No. 322HKFRS 7, HKFRS 18,HKAS 1, HKAS 8, HKAS 36and HKAS 37Disclosures about Uncertainties in the FinancialStatements (amendments)1Update No. 3411 The amendments, issued in February 2026, add illustrative examples to the accompanying materials of HKFRSAccounting Standards. These illustrative examples do not have an effective date. However, entities are expected toimplement any change in their reporting on a timely basis.Section II. New and amended Standards and Interpretations issued that are not yet effective, but may beadopted earlyStandards affectedNew standards and amendmentsrelate toMembers'HandbookEffective dateHKFRS 18Presentation and Disclosure inFinancial Statements (new standard)

Update No. 311Accounting periods beginningon or after 1 January 2027HKFRS 19Subsidiaries without PublicAccountability: Disclosures (newstandard)

Update No. 314 &Update No. 327Accounting periods beginningon or after 1 January 2027HKFRS 19Amendments to HKFRS 19Subsidiaries without PublicAccountability: Disclosures(amendments)

Update No. 333Accounting periods beginningon or after 1 January 2027HKAS 21Translation to a HyperinflationaryPresentation Currency(amendments)

Update No. 339Accounting periods beginningon or after 1 January 2027HK Int 5Hong Kong Interpretation 5Presentation of Financial Statements– Classification by the Borrower of aTerm Loan that Contains aRepayment on Demand Clause(amendments)

Update No. 311HK Int 5 has incorporated thereferences to HKFRS 18 whichis effective for annual reportingperiods beginning on or after 1January 2027.HKFRS 10 andHKAS 28Sale or Contribution of Assetsbetween an Investor and itsAssociate or Joint Venture(amendments)

Update No. 159A date to be determined by theIASBHKFRS for Private Entities Accounting StandardSection I. Amended Standard issued that is not yet effective, but may be adopted earlyStandard affectedAmendments relate toMembers'HandbookEffective dateHKFRS for Private EntitiesAccounting StandardRevised HKFRS for Private EntitiesAccounting Standard(amendments)

Update No. 328Accounting periodsbeginning on or after 1January 2027HKFRS Sustainability Disclosure StandardsSection I. New Standards issued that are applicable to annual reporting periods beginning on or after1 August 20252Standards affectedNew standards relate toMembers' HandbookHKFRS S1General Requirements for Disclosure ofSustainability-related Financial InformationUpdate No. 319HKFRS S2Climate-related DisclosuresUpdate No. 319Section II. Amended Standard issued that is not yet effective, but may be adopted earlyStandard affectedAmendments relate toMembers'HandbookEffective date2HKFRS S2Amendments to Greenhouse GasEmissions DisclosuresUpdate No. 342Annual reporting periodsbeginning on or after 1January 20272 HKFRS Sustainability Disclosure Standards are voluntary until and unless relevant authorities and/or regulatorsmandate their use. See no. 1 and 2 of the FAQs on HKFRS Sustainability Disclosure Standards.Published on 7 July 2026