LEADER EDU (01449): Heilongjiang Business College signs financing lease agreement with HAITONG UT (Haitong) and special agreement (Haitong)

LEADER EDU (01449) announced on October 27, 2025, that Heilongjiang Business College has entered into a financing lease agreement with HAITONG UT and a special agreement with HAITONG, related to financing lease arrangements. Through the financing lease arrangement with HAITONG, the Group can obtain financial resources to allocate funds for the construction of the Group's campus and meet its general operational funding needs. At the same time, the Group's operations will not be affected by the financing lease arrangement with HAITONG, as under the agreement, there is no transfer of ownership or right of use of assets to HAITONG UT. In accordance with International Financial Reporting Standards, the planned transactions under the financing lease arrangement do not constitute an asset sale, therefore no income or loss to be recognized in the Group's income statement. Upon the expiration of the lease term, the Group will pay a nominal retention fee to transfer the leased assets back to the Group. Therefore, in reality and in terms of accounting treatment, entering into the financing lease arrangement with HAITONG is essentially similar to taking out a secured loan.