EDA Group Holdings Limited (EDA) has executed a sublease agreement that will add a major Canadian hub to its expanding global logistics footprint.

On 12 September 2026, wholly owned subsidiary EDA Development BC Inc. signed a sublease with N.R.I. Distribution Inc. for approximately 103,263 sq ft of warehouse and office space at Building A, 2965 188th Street, Surrey, British Columbia. Sister company EDA Cloud Canada Inc. will act as lease indemnifier.

Key terms include: • Lease term: 1 October 2026 to 30 May 2034 (about 7.7 years), subject to earlier termination provisions. • Base rent: C$16.25 per sq ft in year one, escalating roughly 3% annually. After a four-month rent‐free period, total base rent over the term is estimated at C$13.70 million (RMB66.80 million). • Additional rent: Operating expenses, management fees, taxes, insurance and other costs payable under the head lease are passed through to the subtenant. • Security deposit: Approximately C$0.43 million (RMB2.10 million), inclusive of GST. • Lease guaranty: Full performance guarantee by EDA Cloud Canada Inc.

The arrangement will be recognised under HKFRS 16 as a right-of-use asset valued at roughly C$10.70 million (RMB52.20 million), determined using the present value of lease payments discounted at the Group’s incremental borrowing rate.

Size of the right-of-use asset means at least one applicable percentage ratio under the Hong Kong Listing Rules exceeds 5% but remains below 25%; the deal is therefore classified as a discloseable transaction requiring public announcement but not shareholder approval.

Management stated that the Surrey facility will operate as a self-run warehouse, supporting EDA’s first-mile international freight and last-mile e-commerce fulfilment services in North America and aligning with its strategy to build a global artificial-intelligence-enabled logistics platform.