Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited state they bear no responsibility for the contents of this joint announcement, make no representation as to its accuracy or completeness, and disclaim liability for any loss arising from or in reliance upon all or part of its contents.

At the request of Lai Sun Garment (International) Limited (LSG) and Lai Sun Development Company Limited (LSD), trading in their respective shares, as well as in the debt securities (Stock Code: 40782) issued by Lai Sun MTN Limited and guaranteed by LSD, was halted on The Stock Exchange of Hong Kong Limited with effect from 9:13 am on Thursday, 27 November 2025. The halt was requested pending the release of a joint announcement, which contains inside information relevant to both LSG and LSD.

According to the announcement, it was issued by order of the boards of both LSG and LSD, chaired by Dr. Lam Kin Ngok, Peter. As of the date of the announcement, the LSG Board has six executive directors and four independent non-executive directors, while LSD’s Board has four executive directors, one non-executive director, and four independent non-executive directors, as listed in the original statement.

Dated 27 November 2025, this joint announcement focuses solely on the trading halt and the forthcoming update. The boards of LSG and LSD acknowledge that the announcement contains price-sensitive information and advise stakeholders to await further details once they are released.