Reitar today announced that it has entered into a definitive Share Subscription Agreement with Equator Capital Management SPC (“Equator Capital”), acting for and on behalf of the segregated portfolio “Equator Private Equity Fund SP,” a segregated portfolio company incorporated in the Cayman Islands.

The execution of the Agreement follows the Company’s announcement on February 24, 2026 regarding the signing of a non-binding Memorandum of Understanding (MOU) with the Investor. The Agreement constitutes the definitive transaction document contemplated by the MOU and supersedes the MOU in its entirety, save for certain binding provisions that will remain in effect until closing. Under the Agreement, the Investor has agreed to make a strategic equity investment of up to US$60,000,000 in the Company through the subscription of up to 15,000,000 newly issued ordinary shares of Reitar at a subscription price of US$4.00 per share.

The Company intends to apply not less than 92% of the investment proceeds to fund its capital contribution to a consortium formed to acquire a controlling equity interest in a leading international logistics company with a significant presence in Southeast Asia, Europe, and the PRC, with the balance of not more than 8% to be used for transaction-related professional fees and general working capital purposes. Reitar is partnering in this consortium with a leading industrial private equity firm focused on the logistics technology sector, which manages assets under management of several billion U.S. dollars.

Mr. John Chan, Chairman and Chief Executive Officer of Reitar, said: “We are pleased to announce the execution of this definitive Share Subscription Agreement with Equator Capital, which represents a significant milestone in advancing our strategic vision. The transition from the Memorandum of Understanding to a binding definitive agreement demonstrates the strong conviction of our investor in Reitar’s growth strategy and the transformative potential of the proposed acquisition. The Agreement provides a clear and structured framework for the investment, with comprehensive protections for all stakeholders. We remain committed to working diligently with our Consortium Partner and the Investor to satisfy the conditions precedent and bring this transaction to a successful closing, which we believe will create substantial long-term value for our shareholders and position Reitar as a truly global player in the logistics technology industry.”