TASTEGOURMET GP (08371) entered into a new lease agreement to open a new Gold Dragon Teppanyaki restaurant in Hong Kong.

TASTEGOURMET GP (08371) announces that the group has signed a new leasing agreement (the new Lease Agreement) through its wholly-owned subsidiary to open a new King's Iron Plate Restaurant (the new Restaurant) in Hong Kong. The new Lease Agreement is still pending landlord's execution. The landlord is a major property developer and premium shopping mall operator in Hong Kong. As far as the Directors are aware, based on all reasonable inquiries, knowledge, and belief as of the date of this announcement, the landlord is a third party independent of the Company. The new Restaurant will be a King's Iron Plate Restaurant located at Shop 10, 4A/F. The lease is expected to become effective on October 1, 2026, and the new Restaurant is projected to begin operation in the fourth quarter of 2026. This will be the fifth King's Iron Plate Restaurant for the group in Hong Kong. Langham Place is located in the heart of Mong Kok, a shopping center with approximately 600,000 square feet, offering a variety of shops, restaurants, and cinemas. Langham Place is adjacent to Mong Kok MTR Station for convenient transport, operates until late at night, and is directly accessible to the Cordis Hotel.