DATAPULSE TECHNOLOGY LIMITED ANNUAL

Letter to Shareholders

CHAIRMAN’S STATEMENT DEAR SHAREHOLDERS, The Group remains cautiously optimistic On behalf of the Board of Directors (the “Board”) of about the outlook for the hospitality Datapulse Technology Limited (the “Company”, together with its subsidiaries, collectively the “Group”), I am pleased sector to present the Annual Report for the financial year ended 31 July 2025 (“FY2025”). BUSINESS OUTLOOK I am glad to report that the Group has continued to build The Group remains cautiously optimistic about the outlook on the momentum from last year’s turnaround, delivering for the hospitality sector, supported by the continued a year of steady performance and operational stability. recovery of international tourism and growing demand for This reflects not only the ongoing recovery in the regional travel experiences in South Korea. However, we remain hospitality sector but also the continued resilience mindful of ongoing challenges, including foreign exchange and dedication of our team. It represents a milestone volatility, rising labour cost, inflationary pressures, and in our strategic recovery journey and underscores increased regional competition. To navigate this evolving our commitment to creating sustainable value for our landscape, the Group will continue to focus on optimising shareholders. hotel revenue, enhancing operational efficiency, and managing cost pressures without compromising service Our wholly-owned hotel, Travelodge Myeongdong City quality. In addition, we are actively exploring opportunities Hall (“TLMC”) in Seoul, South Korea, has benefited from beyond the hospitality sector to diversify our revenue base the steady return of international tourism. We also hold a and strengthen long-term resilience. 15% stake in another hotel investment in Seoul, Travelodge Myeongdong Euljiro (“TLME”), and a 5% stake in Travelodge For FY2025, the Group reported a slight decrease in revenue Harbourfront Singapore (“TLHS”). to $6.0 million from $6.2 million in the previous year. We remain in a healthy financial position with net cash of $10.6 In a key strategic development, RK One Hotel Management million as at the end of FY2025. LLC (“RK One”), a wholly-owned subsidiary of the Group, served a termination notice for the Hotel Management DIVIDEND Agreement (“HMA”) with Travelodge Hotel (Asia) Pte Ltd We continue to be mindful of the need to conserve for the management