Material Agreement Form 8 K

Explanatory Note

As previously disclosed, on April 8, 2024, AZLL LLC ("AZLL"), an Arizona limited liability company and wholly-owned subsidiary of Maison Solutions Inc. (the "Company"), acquired 100% of the outstanding equity interests in Lee Lee Oriental Supermart, Inc. d/b/a Lee Lee Oriental Supermarket, Lee Lee International Supermarkets or Lee Lee ("Lee Lee Corporation") from Meng Truong and Paulina Truong (together, the "Sellers" or "Holders") pursuant to that certain Stock Purchase Agreement dated April 4, 2024.

On June 10, 2024, Lee Lee Corporation filed a Statement of Conversion with the Arizona Corporation Commission (the "ACC") converting Lee Lee Oriental Supermart, Inc. into Lee Lee Oriental Supermart, LLC, an Arizona limited liability company ("Lee Lee") (the "Conversion"). Following the Conversion, AZLL filed a Statement of Merger with the ACC, pursuant to which Lee Lee merged into AZLL, effective August 28, 2024 (the "Merger"). On September 9, 2024, AZLL filed a Statement of Division with the ACC resulting in the restoration of both Lee Lee and AZLL as separate legal entities (the "Division"). The Conversion, the Merger and the Division are herein referred to collectively as the "Lee Lee Reorganization."