Aspial Lifestyle Limited announced that its transfer books and register of members will close at 5:00 p.m. on May, 22 2026 to determine shareholders’ entitlements under a planned non-renounceable preferential offering.

The preferential offering forms part of an equity fund-raising exercise unveiled on May, 14 2026 that targets total gross proceeds of about 84.8 million Singapore dollars. The exercise comprises:

• a private placement of 149,254,000 new shares at S$0.402 each to raise roughly 60.0 million Singapore dollars; and • a preferential offering of 61,709,489 new shares at the same price to raise about 24.8 million Singapore dollars.

The private-placement shares, which will be allotted after the record date, will not participate in the preferential offering. Both the private-placement and preferential-offering shares will rank pari passu with existing shares, except that they will not be entitled to any distributions declared before their respective allotment dates.

The company added that the record date may be adjusted, subject to regulatory requirements, and any changes will be announced via SGXNET.