MasterBeef Group (NASDAQ:MB) (the "Company" or "MasterBeef"), a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot, Taiwanese barbecue and gelato ice-cream, today announced that it has entered into a franchisee arrangement with a premium Thai tea beverage and dessert brand from Thailand to develop and operate outlets in the Hong Kong and Macau markets, marking the Company’s strategic expansion into the beverages and dessert segment.

Pursuant to the franchise agreement entered into on June 17, 2026 (the "Franchise Agreement"), the Company plans to develop and operate premium Thai tea beverage and dessert outlets, with an initial target of three outlets across Hong Kong and Macau within 24 months following the entry into of the Franchise Agreement.

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