Stelux Holdings International Ltd. (00084.HK) disclosed that on 17 March 2026 several wholly-owned subsidiaries executed six one-year tenancy and licence agreements with connected parties Mengiwa Property Investment Ltd. and Active Lights Co. Ltd., covering office, storeroom, car-parking and warehouse space from 1 April 2026 to 31 March 2027.

Key Contract Details • Office space – Three separate tenancies at Stelux House for (i) 27F & part 28F (Office Premises A) at HK$0.36 million per month, (ii) Unit 2206A, 22F (Office Premises B) at HK$0.01 million per month, and (iii) entire 21F (Office Premises C) at HK$0.22 million per month. • Storerooms – Five units within Stelux House licensed at HK$0.02 million per month, inclusive of rates and management fees. • Car-parks – Eight spaces at Stelux House licensed at HK$0.04 million per month, inclusive of outgoings. • Warehouse – One warehouse unit and one car-park at Kowloon Bay Building licensed at a combined HK$0.02 million per month.

Pricing was benchmarked to independent market valuations or prevailing area rates, and total consideration across all six agreements is approximately HK$8.10 million, to be funded by internal resources.

Regulatory Classification Because Mengiwa (30 %-controlled by Chairman & CEO Mr Joseph C.C. Wong) and Active Lights (wholly owned by Yee Hing, 55 % held by a trust benefiting Mr Wong) are associates of a substantial shareholder and director, the leases constitute continuing connected transactions. Aggregated annual caps for FY2026/27 are:

– Stelux House office tenancies: HK$7.10 million – Stelux House storerooms: HK$0.30 million – Stelux House car-parks: HK$0.50 million – Kowloon Bay warehouse & car-park: HK$0.20 million Total aggregated cap: HK$8.10 million

The highest applicable percentage ratio exceeds 5 % but is below 25 %, and aggregate consideration remains under HK$10 million; hence, the arrangements are subject to reporting, annual review and announcement requirements, but exempt from circular and shareholder approval under Hong Kong Listing Rule 14A.

Board Approval Directors (including independent non-executive directors) deem the terms fair, reasonable and entered on normal commercial terms, aligning with the company’s ordinary course of business and shareholder interests. Mr Joseph C.C. Wong and his son, Director Mr Suriyan Joshua Kanjanapas, abstained from voting due to their material interests.

Strategic Rationale The leases secure continuity of Stelux’s longstanding headquarters, storage and logistics facilities, thereby averting relocation and refurbishment costs and minimizing operational disruption to the group’s core watch retailing and wholesale businesses.