Constance Hotels Services Limited | Annual Report 2025

About This Report

Purpose

IFRS Accounting Standards

Constance Hotels Services Limited (“CHSL”) presents this Annual Report for the financial year ended 31 December 2025. This Annual Report presents material information relating to the Company’s strategy, business model, operating environment, operational performance, prospects, risks, governance and corporate social responsibility. overview of the Company’s activities, performance and outlook, in accordance with applicable statutory, regulatory and governance requirements. It provides a clear and integrated view of how the Company’s strategy, governance, performance and prospects contribute to the creation of sustainable value over the short, medium and long term, and reflects the Board’s continued commitment to accountability, long-term value creation and sustainable growth. The Report has been prepared to provide shareholders and stakeholders with a balanced, transparent and comprehensive

National Code of Corporate Governance for Mauritius (2016)

Stock Exchange of Mauritius Listing Rules

The Report seeks to align financial and non-financial disclosures to provide a coherent view of how the Company’s strategy, governance, performance, and prospects contribute to the creation of sustainable value over the long term.

Dear Shareholder,

Assurance from External Auditor and Internal Auditor

The Board of Directors is pleased to present the Annual Report 2025 of Constance Hotels Services Limited which was approved on 30 March 2026.

The annual independent statutory audit of the Company’s consolidated financial statements for the year ended 31 December 2025 has been conducted by Ernst & Young, in accordance with applicable auditing standards and regulatory requirements. Independent assurance for Internal Controls and Risk Management is provided by the Internal Auditor.

George J. Dumbell (s) Chairman

Clément D. Rey (s) Executive Director Constance Group Chief Executive Officer

Reporting Period

Forward-Looking Statements

Unless otherwise stated, the information and performance data disclosed in this Annual Report relate to the twelve-month period from 1 January 2025 to 31 December 2025.

This Annual Report may contain forward-looking statements relating to the Company’s future performance, strategy, plans and prospects. These statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Readers are therefore cautioned not to place undue reliance on these statements, which speak only as at the date of this Report.

Materiality

Information is considered material by the Company where its omission or misstatement could influence the decisions of shareholders or stakeholders, or where it has a significant impact on the Company’s strategic direction, operational performance, financial results or long-term value creation. In determining the material matters for inclusion in this Report, the Company has taken into consideration its operating environment, stakeholder expectations and the principal risks and opportunities relevant to the hospitality industry.

Digital Reporting

In line with Practice Direction (No. 2 of 2022) issued by the Registrar of Companies on 21 December 2022, and in support of its sustainability initiatives, the Company distributes its Annual Report primarily in digital format.

Reporting Principles and Frameworks

Shareholders who wish to receive a printed copy of this Report may contact the Company Secretary at the following email address: companysecretary@constancegroup.com

In preparing this Annual Report, the Company has applied the principles and requirements of the following frameworks and standards, where applicable: