Taste Gourmet Group Limited announced that reference is made to the disclosable transaction announcement issued by the Company dated 1 September 2022 (the "Announcement") in relation to the new lease agreement for the opening of a new cafe restaurant under the brand CUE by Rin Horiuchi (the "New Lease") in Hong Kong. Unless otherwise defined, terms used herein shall have the same meanings as those defined in the Announcement. The board of directors (the "Board" or "Directors") of the Company informed that the New Lease is for a period of four years.