SUPER HI (09658) announced that it has been informed by one of its controlling shareholders, NP UNITED HOLDING LTD (NP United), that in order to streamline its shareholding structure in the company, NP United's board of directors has resolved to distribute all of its holdings in the company's shares (the "Distribution Shares") on a pro-rata basis through an in-kind distribution to its shareholders, namely ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD (the "In-Kind Distribution").

As of the date of this announcement, NP United holds 180 million shares (representing 27.71% of the total issued shares), with ownership interests held by ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD at approximately 51.778%, 16.074%, 16.074%, and 16.074% respectively.

The In-Kind Distribution will be executed through the transfer of 93.3024 million shares, 28.9649 million shares, 28.9649 million shares, and 28.9649 million shares to ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD respectively, representing 14.35%, 4.45%, 4.45%, and 4.45% of the total issued shares as of the announcement date.