Langham-SS(01270.HK)Payment for hotel management fees and licensing fees for the six-month period ending December 31, 2025

Langham - SS (01270.HK) announced that the board has approved that the management fees payable to the hotel manager for the six months ending December 31, 2025, will be paid by issuing 55,808,818 new share subscription units (“Management Fee Units for the Second Half of 2025”) at a price of HKD 0.610 per unit, subject to a deferred mechanism.

To comply with the public shareholding requirements under the Listing Rules, the Management Fee Units for the Second Half of 2025 will be paid in installments. On the payment due date, only 25,385,571 units (“First Batch of Share Subscription Units”) will be issued and allotted to LHIL Assets.

Based on publicly available information and as known to the board, following the issuance of the first batch of units, further issuance of units to LHIL Assets would violate the public shareholding requirements under the Listing Rules. Therefore, under the supplemental agreement, the issuance of the remaining 30,423,247 units will be subject to the deferred mechanism.

Following the instructions of the hotel manager and to facilitate physical distribution and comply with the public shareholding requirements under the Listing Rules, the trust and the company will, on April 2, 2026, issue and allot 30,423,247 units (“Deferred Units”) to eligible shareholders of Eagle King at HKD 0.610 per unit. After the issuance of all deferred units, the management fees payable for the six months ending December 31, 2025, which have not yet been settled, will be fully paid.