Kerner Haus Shifts to Asset-Light Strategy with Key Property Management Deal 📈

• Kerner Haus Global Solutions PLC has launched its asset-light growth strategy by signing a Property Management Agreement with VKM Services Ltd. for a prime property on Nawam Mawatha, Colombo 2. • The agreement marks the first phase in building a recurring fee income platform and is projected to generate Rs. 12.6 million in annual management fees. • The property, situated in Colombo’s financial district, offers capacity for approximately 300 office seats. It will operate as a fully serviced office centre under the Kerner Haus brand. • The central location is strategically positioned to attract tenants from the expanding Sri Lankan outsourcing sector, particularly BPO, KPO, and international SME clients seeking flexible office solutions. • This asset-light approach focuses on demonstrating operational capability before selective asset acquisitions. • The company's shares closed yesterday at Rs. 780.50, an increase from the previous closing price of Rs. 656. (Note: The company reported a negative net asset value of Rs. 72 as of end-September 2025).