Modern Healthcare Technology Holdings Limited has signed a new master lease framework with connected party Asia Power Global Limited covering existing and potential additional premises for the two financial years ending 31 March 2028.

Key terms • Agreement period: 1 Apr 2026 – 31 Mar 2028, with early-termination right for the Group on 60 days’ notice. • Counterparties: the Company’s subsidiaries (lessees) and property-owning subsidiaries of Asia Power (lessors). Asia Power is wholly owned by a family trust established by Executive Chairperson Dr Tsang Yue, Joyce. • Annual caps: HK$64.00 million for FY 2027 and HK$2.00 million for FY 2028, representing the maximum aggregate rental and related payments payable under all individual leases. • Existing premises: 23 sites in Hong Kong and Singapore; prevailing market rent assessed at HK$2.52 million per month, or HK$30.19 million per year. • Pricing mechanism: rent for each lease must not exceed market rent verified by an independent property valuer and dated within three months of signing.

Listing Rule implications As the highest percentage ratio exceeds 25%, the leasing arrangements constitute both a major transaction under Chapter 14 and a continuing connected transaction under Chapter 14A of the Listing Rules. Independent shareholders’ approval, annual review and disclosure requirements apply.

EGM timetable • Meeting date: 30 Mar 2026, 11:30 a.m., at Level 36, Infinitus Plaza, Hong Kong. • Record date: 24 Mar 2026; share register closed 25 – 30 Mar 2026. • Dr Tsang and her associates (approximately 74.88% shareholding) must abstain from voting.

Rationale The Board states that the framework secures continuity of key operating sites—including offices, service centres, retail shops and warehouses—while giving flexibility to relocate or add premises without repeated compliance costs. Independent non-executive directors and Ballas Capital Limited, the IFA, consider the terms fair and reasonable and in the interests of minority shareholders.

Financial impact Based on HKFRS 16, the Group expects to recognise right-of-use assets and lease liabilities of roughly HK$60 million on 1 Apr 2026, with annual depreciation and interest expenses of about HK$30.80 million.

Completion of the new master lease agreement is subject to EGM approval and, if required, regulatory consents by the 31 Mar 2026 long-stop date.