Singapore, May 19, 2025 – HomesToLife Ltd (NASDAQ: HTLM) (“HomesToLife” or the “Company”), a Singapore-based holding company of a leading home furniture producer with sales spanning Asia-Pacific, Europe, and North America, announced today the completion of its acquisition of 100% of the equity interests in HTL Marketing Pte Ltd (“HTL Marketing”). HTL Marketing is a prominent B2B procurer and supplier of premium upholstered sofas and leather materials used in sofa manufacturing. The acquisition, initially announced on May 5, 2025, has now been finalized.

“We are delighted to conclude this acquisition,” stated Ms. Phua Mei Ming, Chief Executive Officer of HomesToLife. “We believe this transaction will position HomesToLife as a significant player in the furniture industry, providing access to vast global market opportunities and driving substantial growth in both revenue and profitability.”

“We anticipate integrating HTL Marketing’s operations and moving towards a period of accelerated growth for our Company.”

About HomesToLife Ltd 

HomesToLife Ltd is the holding company for HomesToLife Pte. Ltd., a leading retailer of customized furniture solutions in Singapore; HTL Far East Pte. Ltd., which specializes in sourcing, distributing, and delivering premium furniture and related products to businesses across the Asia-Pacific region; and HTL Marketing Pte Ltd, a leading B2B procurer and supplier of premium upholstered sofas and leather materials for sofa manufacturing, serving markets across Asia-Pacific, Europe, and North America.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements that involve known and unknown risks and uncertainties, including the possibility that certain conditions for the Acquisition may not be met or waived. These statements are based on the Company’s current expectations and projections regarding future events that may impact the Company’s and HTL Marketing’s financial condition, results of operations, business strategy, and financial needs. These statements can often be identified by the use of terms such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or similar expressions. The Company assumes no obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date of this release or to reflect changes in its expectations, except as required by law. While the Company believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee their accuracy, and it cautions investors that actual results may differ materially from anticipated results. Investors are encouraged to review other factors that may affect the Company’s future results as detailed in the Company’s registration statement and other filings with the SEC.

Contacts:

HomesToLife Ltd Contact:
6 Raffles Boulevard, #02-01/02
Marina Square, Singapore 039594
Email: Investor@homestolife.com 

Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
Office: (646) 893-5835
Email: info@skylineccg.com