Lisi Group (Holdings) Limited announced that wholly owned unit Ningbo Lisi Household Products Co., Ltd. has signed a new lease agreement with Da Mei (Ningbo) New Materials Co., Ltd. on 11 September 2026 to continue renting its existing factory and office premises when the current lease expires on 30 September 2026.

Key terms of the New Lease Agreement: • Term: 1 October 2026 – 30 September 2029 (three years). • Property: 39,879.49 sq.m. of factory space and 10,759.49 sq.m. of office area at 518 Cheng Xin Lu, Yinzhou, Ningbo. • Rent: RMB 752,167 per month, unchanged from the expiring lease; payable quarterly with a security deposit equal to one month’s rent. • Accounting impact: Under HKFRS 16, the lease will be recognised as a right-of-use asset with an aggregate consideration of approximately RMB 24.00 million (unaudited).

Connected-transaction status: Da Mei is a non-wholly owned subsidiary of Lisi Group and therefore a connected person under Chapter 14A of the Hong Kong Listing Rules. The highest applicable percentage ratio for the transaction exceeds 0.1 % but is below 5 %, making it subject to reporting and announcement requirements only; no shareholder circular or independent shareholder approval is required.

Strategic rationale: Maintaining access to the premises will allow Lisi Household to continue using the site as its primary factory and office, supporting uninterrupted manufacturing and operational activities. The board, including independent non-executive directors, considers the lease renewal to be on fair and reasonable terms and in the company’s and shareholders’ best interests.

Governance note: Chairman and Executive Director Mr Xu Jinbo, who holds a 0.09 % indirect interest in Da Mei, abstained from voting on the board resolution approving the transaction.