Langham Hospitality Investments to issue deferred units for fee settlement

Langham Hospitality Investments and Langham Hospitality Investments Limited will issue 46,320,885 Deferred Share Stapled Units (SSUs) to the qualifying shareholders of Great Eagle on November 7, 2025. This issuance, priced at HK$0.470 per SSU, is for implementing a distribution in specie and complying with public float requirements. The issue price was determined based on the higher of the closing price or the 10-day average closing price of the SSUs preceding the payment deadline day, February 28, 2025.

These Deferred SSUs will settle the outstanding portion of manager fees for the six-month period ended December 31, 2024. The issuance represents approximately 1.3449% of the issued SSUs as of the announcement date and 1.3271% of the issued SSUs as enlarged by this issue. An application will be made to the Stock Exchange for their listing and permission to deal.

Following the issuance and distribution, LHIL Assets will hold approximately 66.14% of the enlarged SSUs, with Great Eagle indirectly holding about 70.26%. Great Eagle and its associated parties will collectively hold approximately 74.81% of the enlarged SSUs, ensuring approximately 25.18% will be publicly held to maintain a sufficient public float.