AI ENERGY ENG (01751) announced that on April 24, 2025, its indirectly wholly-owned subsidiary, King Link (Greater China), as the tenant, and Golden Way Construction, an independent third party, as the landlord, entered into the first lease agreement for Property A. The lease term is three years, commencing on May 16, 2025, and ending on May 15, 2028, inclusive of both dates.

On September 18, 2025, King Link (Greater China), as the tenant, and Shun Lap, an independent third party, as the landlord, entered into the second lease agreement for Property B. This lease has a term of five years, from January 16, 2026, to January 15, 2031, inclusive.

Property A is located at Remaining Portions of Nos. 114 & 115 and No. 203 of Lot No. 126 in Yuen Long. Property B is Room B on the Ground Floor of Fook Hop Factory Building at Nos. 209 and 211 Wai Yip Street, Kwun Tong, Kowloon.

The lease agreements were established to support the operational requirements of the Group's construction and engineering business. The first agreement is for the storage of construction materials, while the second is designated for industrial use.

The terms of the lease agreements were reached following fair negotiations, with the rental rates determined by referencing the prevailing market rents for comparable properties in the respective areas. The company's directors believe the terms are based on normal commercial conditions and are in the overall interests of the company and its shareholders.