LANGHAM-SS (01270) announced that the Trustee-Manager and the company's board of directors disclosed that, under the Hotel Management Agreement and Trademark License Agreement, the hotel manager (a wholly-owned subsidiary of Great Eagle Holdings) has chosen to receive the management fees for the fiscal year ending December 31, 2026, entirely in cash.

In light of the challenges posed by the current market environment and with the goal of maintaining cash flow and strengthening the financial position of the trust group, the trust group has requested—and both the master lessee and the hotel manager have agreed—that the payment method for management fees for the six-month period ending December 31, 2025, will be changed from cash to issuance of stapled units. This adjustment is made in accordance with the terms outlined in the Hotel Management Agreement and Trademark License Agreement.