# EDGAR Filing Document

**Accession Number:** 0002023153
**File Stem:** 0001493152-26-021243
**Filing Date:** 2026-5
**Character Count:** 36816
**Document Hash:** 5d56bedb3c17f9f529af24ff0a330992
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-021243.hdr.sgml**: 20260505

**ACCESSION NUMBER**: 0001493152-26-021243

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260505

**FILED AS OF DATE**: 20260505

**DATE AS OF CHANGE**: 20260505

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HomesToLife Ltd
- **CENTRAL INDEX KEY:** 0002023153
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-FURNITURE STORES [5712]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42290
- **FILM NUMBER:** 26940875

**BUSINESS ADDRESS:**
- **STREET 1:** 6 RAFFLES BOULEVARD
- **STREET 2:** #02-01/02, MARINA SQUARE
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 039594
- **BUSINESS PHONE:** 65 9730 3718

**MAIL ADDRESS:**
- **STREET 1:** 6 RAFFLES BOULEVARD
- **STREET 2:** #02-01/02, MARINA SQUARE
- **CITY:** SINGAPORE
- **STATE:** U0
- **ZIP:** 039594

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of May 2026**

**Commission File Number: 001-42290**

**HOMESTOLIFE LTD**

**(Registrant's Name)**

**6 Raffles Boulevard, #02-01/02**

**Marina Square, Singapore 039594**

**(Address of Principal Executive Offices)**

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**Appointment of Chief Financial Officer**

As previously disclosed, on November 12, 2025, HomesToLife Ltd (the "Company") appointed Mr. Zhengjie "Jeff" Chai ("Mr. Chai") as the interim Chief Financial Officer of the Company, effective November 19, 2025, whilst the Company continued in its search of a new CFO.

The Company has since completed its search, and has determined that Mr. Chai is the best candidate to be appointed as the Chief Financial Officer of the Company. On May 5, 2026, the board of the Company resolved to appoint Mr. Chai as the CFO of the Company, effective from May 1, 2026.

Mr. Chai has served as the CFO and secretary of HTL Furniture, since September 2020. Mr. Chai has also served as Regional VP of Finance for a few subsidiaries of the Company since January 2024. Mr. Chai was the VP of Finance and Operations of HTL Furniture from September 2020 to December 2023. Mr. Chai received his bachelor of science degree in Accountancy from Boise State University in 2004, a Master of Business Administration degree from Boise State University in 1999, and a bachelor of engineering in International Business and Automatic Control Engineering degree from Shanghai Jiao Tong University in 1994. Mr. Chai is a licensed Certified Public Accountant.

Mr. Chai will perform his duties as CFO pursuant to a services agreement, entered into on May 1, 2026 between the Company and HTL Furniture Inc. ("HTL Furniture"), a U.S. company which is a related party of the Company, pursuant to which the Company engages HTL Furniture to provide the services of the type typically performed by a Chief Financial Officer and which are to be performed exclusively through Mr. Chai on a full-time basis, effective from May 1, 2026.

The foregoing description of the services agreement is a summary only and is qualified in its entirety by reference to the full text of the services agreement, which are attached hereto as Exhibit 10.1 and incorporated herein by reference.

The Company announced Mr. Chai's appointment as the CFO of the Company on May 5, 2026, and the press release is attached hereto as Exhibit 99.1.

**Exhibit**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Services Agreement dated as of May 1, 2026, by and between HomesToLife Ltd and HTL Furniture Inc.](ex10-1.htm) |
| 99.1 | [Press release dated May 5, 2026](ex99-1.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **HomesToLife LTD** | **HomesToLife LTD** |
| Date: May 5, 2026 | By: | */s/ Phua Mei Ming* |
|  | Name: | Phua Mei Ming |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**SERVICES AGREEMENT**

This SERVICES AGREEMENT ("<u>Agreement</u>"), effective as of May 1, 2026 entered by and between HTL Furniture Inc., a California corporation (the "<u>HTL</u>"), and HomesToLife Ltd, a Cayman Islands exempted company, (the "<u>HomesToLife</u>," together with HTL, the "<u>Parties</u>" and, each, a "<u>Party</u>").

WHEREAS, HomesToLife desires to engage HTL to provide services of the type typically performed by a Chief Financial Officer to be performed exclusively through HTL employee Zhengjie "Jeff" Chai (the "<u>Chai</u>") and HTL desires to provide such services;

NOW, THEREFORE, on the basis of the foregoing premises and in consideration of the mutual covenants and agreement contained herein, the Parties agree as follows:

1.  **<u>Interpretation</u>.** 

1.1 The
 definitions and rules of interpretation in this Section 1 apply in this Agreement, unless
 such terms are otherwise defined herein or the context requires otherwise.

1.2 <u>Definitions</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.1 **"** <u>Confidential Information</u> " means confidential information and trade secrets relating to the business,
 products, affairs and finances of the relevant Party and its Group Companies, including,
 without limitation, technical data and know-how relating to the business of the relevant
 Party or any of its suppliers, clients, customers, agents, distributors, shareholders or
 management, including, without limitation, customer lists, customer requirements and specifications,
 designs, financial data, sales figures, costs and pricing figures, marketing and other business
 plans, product development, marketing concepts, personnel matters (including employee skills
 and compensation), drawings, specifications, instructions, methods, processes, techniques,
 computer software or data of any sort developed or compiled by the relevant Party, formulae
 or any other information relating to the relevant Party's services, products, sales,
 technology, research data, software and all other know-how, trade secrets or proprietary
 information, or any copies, elaborations, modifications and adaptations thereof. Notwithstanding
 the foregoing, Confidential Information of a Party shall not include any information (i)
 that is generally known to the industry or the public other than as a result of the other
 Party's breach of this covenant; (ii) that is made available to the other Party by
 a third party without that third party's breach of any confidentiality obligation;
 or (iii) which was developed by the other Party outside or independent of the such first
 Party and the Parties' respective obligations hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.2 " <u>Employment Agreement</u> " means the Employment Agreement between HTL and Chai, effective as of
 May 1, 2026, a copy of which is annexed hereto as <u>Exhibit 1</u>, and any amendment thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.3 " <u>Group Companies</u> " mean, relative to a Party, that Party's subsidiaries from time
 to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.4 " <u>Intellectual Property Rights</u> " means patents, rights to inventions, copyright and related rights,
 moral rights, trademarks and service marks, business names and domain names, rights in get-up
 and trade dress, goodwill and the right to sue for passing off or unfair competition, rights
 in designs, rights in computer software, database rights, rights to use, and protect the
 confidentiality of, confidential information (including know-how and trade secrets) and all
 other intellectual property rights, in each case whether registered or unregistered, and
 including all applications and rights to apply for and be granted, renewals or extensions
 of, and rights to claim priority from, such rights and all similar or equivalent rights or
 forms of protection which subsist or will subsist now or in the future in any part of the
 world.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.5 " <u>Management Issues</u> " means all those matters under the Employment Agreement requiring action,
 investigation and/or decisions by HTL, including in particular, by way of illustration only
 and without limitation, the award of payments and benefits under the Employment Agreement,
 but not including any matters relating to the performance of the Services.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.6 " <u>Services</u> "
 means the services provided by Chai for the benefit of HomesToLife and HomesToLife's
 Group Companies in connection with this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2.7 " <u>Term</u> "
 means the term of this Agreement as defined in Section 2.

1.3 The
 headings in this Agreement are inserted for convenience only and shall not affect its construction.

1.4 A
 reference to a particular law is a reference to it as it is in force for the time being taking
 account of any amendment, extension, or re-enactment and includes any subordinate legislation
 for the time being in force made under it.

1.5 Unless
 the context otherwise requires, a reference to one gender shall include a reference to the
 other genders.

1.6 Unless
 the context otherwise requires, words in the singular shall include the plural and in the
 plural shall include the singular.

2.  **<u>Term</u>.** The Term shall commence on May 1, 2026 and shall continue until terminated in accordance
 with Section 10 below.

3.  **<u>Services</u>.** 

3.1 The
 Services to be provided by Chai through HTL shall be those services typically performed by
 a Chief Financial Officer. During the Term, Chai shall provide the Services to HomesToLife
 on an exclusive and full-time basis in accordance with the terms of this Agreement.

3.2 Subject
 to Chai's appointment as such (without subsequent removal) by the Board of Directors
 of HomesToLife, Chai shall serve as Chief Financial Officer of HomesToLife during the Term.

3.3 Chai
 shall provide the Services in Rancho Cucamonga, California, but may be required to travel
 on HomesToLife's business as HomesToLife may from time to time require.

3.4 HTL
 shall use its best efforts to cause Chai to work such hours as are reasonable and necessary
 for the proper performance of the Services.

3.5 During
 the Term, HTL shall use its best efforts to cause Chai to do the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.1 unless
 prevented by incapacity, to devote the whole of his working time, attention and abilities
 to the Services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.2 to
 faithfully and diligently serve HomesToLife and to use his best efforts to promote, protect,
 develop and extend HomesToLife's business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.3 not
 to enter into any arrangement on behalf of HomesToLife which is outside the normal course
 of business or his normal duties or which contains unusual or onerous terms; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5.4 to
 promptly make such reports to the Chief Executive Officer of HomesToLife on any matters concerning
 the affairs of HomesToLife and at such times as are reasonably required.

3.6 In
 the event that any of the Services are not performed to HomesToLife's satisfaction,
 HomesToLife's sole remedy shall be to terminate this Agreement.

3.7 Nothing
 contained herein shall be deemed to create a relationship of agency between HTL and HomesToLife
 for any purpose whatsoever and the Parties shall be regarded as independent contractors.
 Each Party shall refrain from any acts which do or may create the impression or inference
 that it is an agent of the other Party, and neither Party is granted any right or authority
 to create any obligation or responsibility, express or implied, on behalf of, or in the name
 of, the other Party in any manner whatsoever.

4.  **<u>Chai's Employment</u>.** 

4.1 The
 Employment Agreement shall remain in force during the Term. HomesToLife may require HTL to
 terminate or extend the Employment Agreement pursuant to its terms.

4.2 HTL
 shall make any necessary changes to the terms of the Employment Agreement so that Chai can
 provide the Services in accordance with the terms of this Agreement.

4.3 HTL
 shall comply with the terms of the Employment Agreement during the Term.

4.4 HomesToLife
 shall not, and shall not require Chai to do anything that shall, breach the Employment Agreement
 and shall have no authority to vary the terms of the Employment Agreement or to bind HTL,
 including, without limitation, regarding matters covered by the Employment Agreement. However,
 if HomesToLife and Chai jointly ask HTL to modify the Employment Agreement in a manner that
 does not adversely affect HTL, HTL shall make such modification.

4.5 HomesToLife
 shall provide HTL with such information and assistance as it may reasonably require to carry
 out its obligations as Chai's employer.

4.6 Chai
 shall not be required to undertake any work for HTL during the Term.

4.7 Any
 change in the Employment Agreement during the Term shall be subject to HomesToLife's
 prior approval, such approval not to be unreasonably withheld or delayed.

4.8 All
 documents, manuals, hardware and software provided for Chai's use by HomesToLife, and
 any data or documents (including copies) produced, maintained or stored on HomesToLife's
 computer systems or other electronic equipment (including mobile phones), remain the property
 of HomesToLife.

5.  **<u>Payments</u>.** 

5.1 HTL
 shall continue to pay Chai's salary and any allowances, provide any benefits due to
 Chai or his dependents, make any payments to third parties in relation to Chai and make any
 deductions that it is required to make from Chai's salary and other payments.

5.2 HomesToLife
 shall pay HTL the total amount paid by HTL to or in respect of Chai under the Employment
 Agreement or otherwise, which shall include, without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2.1 Chai's
 Base Salary (as defined in the Employment Agreement, with any change thereto subject to the
 prior written approval of HomesToLife);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2.2 workers'
 compensation premium payments due for Chai;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2.3 any
 pay in lieu of notice payments made under the Employment Agreement);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2.4 the
 Flexible Benefits (as defined in the Employment Agreement); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2.5 taxes
 and other payments made by HTL in relation to Chai or amounts paid by HTL under the Employment
 Agreement.

5.3 HomesToLife
 shall pay HTL all out-of-pocket expenses (including attorneys' fees) incurred by HTL
 in connection with the hiring of Chai, including, without limitation, legal fees and expenses
 incurred in connection with the negotiation and preparation of this Agreement and the Employment
 Agreement. Such payment(s) shall be due within 15 days after submission to HomesToLife of
 supporting documentation for such expenses.

5.4 HomesToLife
 shall reimburse Chai for all reasonable travel, accommodation and other expenses wholly,
 exclusively and necessarily incurred by Chai during Term in or in connection with the exercise
 of the Services, provided such expenses are consistent with the terms of the Employment Agreement
 and/or HomesToLife's expense reimbursement policies and subject to the reimbursement
 procedures set forth in such policies.

5.5 HTL
 shall send HomesToLife an invoice each month of the Term, emailed to HomesToLife's
 Head of Human Resources at sgpayroll_hr@htlinternational.com specifying the payment due under
 this Agreement in relation to the preceding month. Such invoices shall be payable by HomesToLife
 within 15 days of receipt of the invoice.

6.  **<u>Management During the Term</u>.** 

6.1 HTL
 shall continue to deal with any Management Issues concerning Chai during the Term, where
 relevant following consultation with HomesToLife.

6.2 HomesToLife
 shall provide any information, documentation, access to its premises and employees and assistance
 (including but not limited to giving witness evidence) to HTL to deal with any Management
 Issues concerning Chai, whether under HTL's internal procedures or before any court.

6.3 HomesToLife
 shall have day-to-day control of Chai's activities but as soon as reasonably practicable
 shall refer any Management Issues concerning Chai that come to its attention to HTL.

6.4 Both
 Parties shall inform the other as soon as reasonably practicable of any other significant
 matter that may arise during the Term relating to Chai or his employment.

6.5 HTL
 shall use its reasonable efforts to cause Chai to notify the Chief Executive Officer of HomesToLife
 if Chai identifies any actual or potential conflict of interest between HomesToLife and HTL
 during the Term.

7.  **<u>Leave</u>.** 

7.1 Chai
 shall continue to be eligible for sick pay, holiday pay and any absence entitlements in accordance
 with the Employment Agreement, which, among other things, requires Chai to comply with HomesToLife's
 reporting arrangements if Chai is absent from work for any reason.

7.2 HTL
 shall consult with HomesToLife before approving any vacation request made by Chai.

8.  **<u>Confidentiality</u>.** 

8.1 The
 provisions in the Employment Agreement that impose confidentiality obligations concerning
 HomesToLife's Confidential Information shall not be amended without HomesToLife's
 express written agreement. Additionally, to the extent that HomesToLife asks HTL to amend
 such provisions, HTL shall use its reasonable efforts to cause Chai to agree to such amendment.

8.2 HTL
 shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2.1 keep
 confidential any Confidential Information relating to HomesToLife that it obtains as a result
 of provision of the Services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2.2 not
 use or directly or indirectly disclose any such Confidential Information (or allow it to
 be used or disclosed), in whole or in part, to any person without the prior written consent
 of HomesToLife;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2.3 use
 its best efforts to ensure that no person gets access to the Confidential Information from
 it, its officers, employees or agents unless authorized to do so; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2.4 inform
 HomesToLife immediately on becoming aware, or suspecting, that an unauthorized person has
 become aware of such Confidential Information.

8.3 HomesToLife
 shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3.1 keep
 confidential any Confidential Information relating to HTL that it obtains as a result of
 provision of the Services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3.2 not
 use or directly or indirectly disclose any such Confidential Information (or allow it to
 be used or disclosed), in whole or in part, to any person without the prior written consent
 of HTL;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3.3 use
 its best efforts to ensure that no person gets access to such Confidential Information from
 it, its officers, employees or agents unless authorized to do so; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3.4 inform
 HTL immediately on becoming aware, or suspecting, that an unauthorized person has become
 aware of such Confidential Information.

9.  **<u>Intellectual Property</u>.** 

9.1 HTL
 acknowledges and agrees that all Intellectual Property Rights relating to Intellectual Property
 (defined below) created, made or conceived by Chai (solely or jointly) in furtherance of
 his provision of the Services (regardless of whether such Intellectual Property was created,
 conceived or produced during Chai's regular work hours or at any other time) that relates
 to the actual or anticipated businesses of HomesToLife and/or its Group Companies or results
 from or is suggested by any work performed by employees or independent contractors for or
 on behalf of HomesToLife or HomesToLife's Group Companies (" <u>HomesToLife Intellectual Property</u> ") shall be and remain the sole and exclusive property of HomesToLife for
 any and all purposes and uses whatsoever as soon as Chai conceives or develops such HomesToLife
 Intellectual Property, and HTL hereby agrees that it shall have no right, title or interest
 of any kind or nature therein or thereto, or in or to any results and proceeds therefrom.
 If for any reason such HomesToLife Intellectual Property is nevertheless deemed to be property
 of HTL, then HTL hereby irrevocably and unconditionally assigns all rights, title, and interest
 in such HomesToLife Intellectual Property to HomesToLife and agrees that HomesToLife is under
 no further obligation, monetary or otherwise, to HTL for such assignment. As used in this
 Agreement, " <u>Intellectual Property</u> " shall mean and include any ideas, inventions
 (whether or not patentable), designs, improvements, discoveries, innovations, patents, patent
 applications, trademarks, service marks, trade dress, trade names, trade secrets, works of
 authorship, copyrights, copyrightable works, films, audio and video tapes, other audio and
 visual works of any kind, scripts, sketches, models, formulas, tests, analyses, software,
 firmware, computer processes, computer and other applications, creations and properties,
 Confidential Information and any other patents, inventions or works of creative authorship.

9.2 In
 the event that HTL owns or claims any rights to HomesToLife Intellectual Property that cannot be assigned to HomesToLife, HTL irrevocably
 waives all claims and the enforcement of all such rights against HomesToLife and other members of HomesToLife's Group Companies,
 and their respective officers directors, assigns and licensees, and agrees, at HomesToLife's request and expense, to consent
 to and join in any action to enforce HomesToLife's interests in such HomesToLife Intellectual Property. As to any rights to
 HomesToLife Intellectual Property that cannot be assigned to HomesToLife or waived by HTL, HTL irrevocably grants to HomesToLife
 an exclusive, irrevocable, perpetual, worldwide, fully paid and royalty-free license, with rights to license and sublicense, to reproduce,
 create derivative works, distribute, publicly perform and publicly display by all means now known or later developed, any and all
 such HomesToLife Intellectual Property.

9.3 HTL
 shall assist HomesToLife, and to take all reasonable steps, with securing patents, registering copyrights and trademarks, and obtaining
 any other forms of protection for HomesToLife Intellectual Property in the United States and elsewhere. In particular, at HomesToLife's
 expense, HTL shall forthwith upon request of HomesToLife execute all such assignments and other documents (including applications
 for patents, copyrights, trademarks, and assignments thereof) and take all such other action as HomesToLife may reasonably request
 in order (i) to vest in HomesToLife all of HTL's right, title, and interest in and to such HomesToLife Intellectual Property,
 free and clear of liens, mortgages, security interests, pledges, charges, and encumbrances (" <u>Liens</u> ") and (ii),
 if patentable or copyrightable, to obtain patents or copyrights (including extensions and renewals) therefor in any and all countries
 in such name as HomesToLife shall determine. In the event that HTL is unable or unavailable or shall refuse to sign any lawful or
 necessary documents required in order for HomesToLife to apply for and obtain any copyright or patent with respect to any work performed
 by Chai in the course of providing the Services (including applications or renewals, extensions, divisions or continuations), HTL
 hereby irrevocably designates and appoints HomesToLife and its duly authorized officers and agents as HTL's agents and attorneys-in-fact
 to act for and in HTL's behalf, and in HTL's place and stead, to execute and file any such applications or documents
 and to do all other lawfully permitted acts to further the prosecution and issuance of copyrights and patents with respect to such
 HomesToLife Intellectual Property with the same legal force and effect as if executed or undertaken by HTL.

10.  **<u>Termination</u>.** 

10.1 HTL
 may terminate this Agreement with immediate effect without notice:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1.1 on
 the termination of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1.2 if
 HomesToLife is guilty of any serious or (after warning) repeated breach of the terms of this
 Agreement; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1.3 if
 HomesToLife becomes bankrupt or makes any arrangement or composition with or for the benefit
 of its creditors.

10.2 HomesToLife
 may terminate this Agreement with immediate effect without notice:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2.1 on
 the termination of the Employment Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2.2 if
 HTL is guilty of any serious or (after warning) repeated breach of the terms of this Agreement;
 or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2.3 if
 HTL becomes bankrupt or makes any arrangement or composition with or for the benefit of its
 creditors.

10.3 Any
 delay by HTL or HomesToLife in exercising its respective right to terminate this Agreement
 under this Section 10 shall not constitute a waiver of such rights.

11.  **<u>Obligations Following Termination</u>** . On termination of this Agreement, HTL shall use its reasonable
 efforts to cause Chai:

11.1 to
 deliver to HomesToLife all documents (including, but not limited to, correspondence, lists
 of clients or customers, plans, drawings, accounts and other documents of whatsoever nature
 and all copies thereof, whether on paper, computer disc or otherwise) made, compiled or acquired
 by them during the Term and relating to the business or affairs of HomesToLife, HomesToLife's
 Group Companies or its or their clients, customers or suppliers and any other property of
 HomesToLife and HomesToLife's Group Companies which is in their possession, custody,
 care or control;

11.2 to
 irretrievably delete any information relating to the business of HomesToLife and HomesToLife's
 Group Companies stored on any magnetic or optical disc or memory and all matter derived from
 such sources which is in their possession, custody, care or control outside the premises
 of HomesToLife; and

11.3 to
 confirm in writing and produce such evidence as is reasonable to prove compliance with HTL's
 obligations under this Section 11.

12.  **<u>Liability</u>.** 

12.1 HomesToLife
 shall take out and maintain in full force with a reputable insurance company for the Term
 adequate insurance cover for any loss, injury and damage caused by or to Chai during the
 Term.

12.2 During
 the Term, HomesToLife shall fulfill all duties relating to Chai's health, safety and
 welfare as if it was their employer and shall comply with HTL's reasonable requests
 in connection with HTL's duties in relation to Chai.

12.3 HomesToLife
 acknowledges that HTL is not responsible for the way in which Chai provides the Services
 and waives all and any claims that it may have against HTL arising out of any act or omission
 of Chai during the Term.

12.4 HomesToLife
 shall indemnify and defend HTL fully, and keep HTL indemnified fully, at all times against
 any loss, injury, damage or costs suffered, sustained or incurred by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.4.1 Chai
 in relation to any loss, injury, damage or costs arising out of any act or omission by HomesToLife
 or its employees or agents during the Term; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.4.2 a
 third party, in relation to any loss, injury, damage or costs arising out of any act or omission
 of Chai during the Term.

12.5 HomesToLife
 shall indemnify and defend HTL fully, and keep HTL indemnified fully, at all times against
 any claim or demand by Chai arising out of their employment by HTL or its termination during
 the Term (except for any claim that HTL has failed to pay Chai's salary and any allowances,
 provide any benefits due to Chai or his dependents, make any payments to third parties in
 relation to Chai or make any deductions that it is required to make from Chai's salary
 and other payments).

12.6 HTL
 represents and warrants to HomesToLife that, during the Term, it shall maintain, for the
 benefit of Chai, all legally required workers' compensation insurance.

13.  **<u>Miscellaneous</u>.** 

13.1 <u>Notices</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.1.1 Any
 notice given under this Agreement shall be in writing and signed by or on behalf of the Party
 giving it and shall be served by delivering it personally, or sending it by pre-paid recorded
 delivery or registered post to the relevant Party at its registered office for the time being
 or by sending it by the email address notified by the relevant Party to the other Party.
 Any such notice shall be deemed to have been received:

A. if
 delivered personally, at the time of delivery;

B. in
 the case of pre-paid recorded delivery or registered post, 48 hours from the date of posting;
 and

C. in
 the case of email, at the time of transmission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.1.2 In
 proving such service it shall be sufficient to prove that the envelope containing such notice
 was addressed to the address of the relevant Party and delivered either to that address or
 into the custody of the postal authorities as a pre-paid recorded delivery or registered
 post or that the notice was transmitted by email to the email address of the relevant Party.

13.2 <u>Entire Agreement</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2.1 This
 Agreement, together with the exhibits hereto, constitute the entire agreement between the
 Parties relating to subject matter of this Agreement and supersedes and extinguishes all
 previous agreements, promises, assurances, warranties, representations and understandings
 between them, whether written or oral, relating to such subject matter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2.2 Each
 Party acknowledges that in entering into this Agreement it does not rely on, and shall have
 no remedies in respect of, any statement, representation, assurance or warranty (whether
 made innocently or negligently) that is not set out in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2.3 The
 only remedy available to either Party for breach of this Agreement shall be for breach of
 contract under the terms of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2.4 Nothing
 in this Agreement shall limit or exclude any liability for fraud.

13.3 <u>Waivers and amendments</u>. This Agreement may be altered, amended, modified, superseded or cancelled,
 and the terms hereof may be waived, only by a written instrument signed by the Parties or,
 in the case of a waiver, by the Party alleged to have waived compliance. Any such signature
 of the Company must be by an authorized signatory for the Company. No delay by any Party
 in exercising any right, power or privilege hereunder shall operate as a waiver thereof,
 nor shall any waiver on the part of any Party of any such right, power or privilege, nor
 any single or partial exercise of any such right, power or privilege, preclude any other
 or further exercise thereof or the exercise of any other such right, power or privilege.

13.4 <u>Counterparts</u>.
 This Agreement may be executed in counterparts, and each counterpart, when executed, shall
 have the efficacy of a signed original. Photographic copies, electronically scanned copies
 and other facsimiles of this Agreement (including such signed counterparts) may be used in
 lieu of the originals for any purpose.

13.5 <u>Third Party Rights</u>. Except as may be expressly provided herein, a person who is not a party
 to this Agreement shall not have any rights to enforce any term of this Agreement. The rights
 of the Parties to terminate, rescind or agree any variation, waiver or settlement under this
 Agreement are not subject to the consent of any other person.

13.6 <u>Choice of Law and Forum</u> **.** This Agreement shall be interpreted and enforced in accordance
 with the laws of the State of California, without regard to its conflict-of-law principles.
 The Parties agree that any dispute concerning or arising out of this Agreement (or termination
 thereof) or the provision of Services hereunder shall be litigated exclusively in an appropriate
 state or federal court in or closest to Rancho Cucamonga, California and hereby consent,
 and waive any objection, to the jurisdiction of any such court.

IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the date first above written.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTL FURNITURE INC. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HTL FURNITURE INC. | HOMESTOLIFE LTD | HOMESTOLIFE LTD |
| By: | */s/ Phua Yong Tat* | By: | */s/ Phua Mei Ming* |
| Name: | Phua Yong Tat | Name: | Phua Mei Ming |
| Title: | Group CEO | Title: | CEO |

---

[Signature page to Services Agreement.]

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**HomesToLife Announces Appointment of Chief Financial Officer**

Singapore, May 5, 2026 – HomesToLife Ltd (Nasdaq: HTLM) ("HomesToLife" or the "Company") today announced that its Board of Directors has appointed Mr. Zhengjie "Jeff" Chai ("Mr. Chai"), the current interim Chief Financial Officer, as Chief Financial Officer, effective May 1, 2026.

Ms. Phua Mei Ming, Chief Executive Officer of HomesToLife, said, "Mr Chai has been a key member of our leadership team, and his deep financial expertise and operational experience will be instrumental as we continue to scale the business. As we move forward, we remain focused on executing our expansion strategy, strengthening our presence in key markets, and positioning HomesToLife to capture new growth opportunities."

The Company believes that Mr. Chai brings extensive experience in finance, operations, and strategic leadership across the furniture and manufacturing sectors. He served as Chief Financial Officer and Secretary of HTL Furniture Inc., a U.S.-based related party of the Company, since September 2020, and was also Regional Vice President of Finance for several subsidiaries of the Company. Prior to this, Mr. Chai held the position of Vice President of Finance and Operations at HTL Furniture Inc. from September 2020 to December 2023.

Mr. Chai holds a Bachelor of Science in Accountancy and a Master of Business Administration from Boise State University, as well as a Bachelor of Engineering in International Business and Automatic Control Engineering from Shanghai Jiao Tong University. He is a licensed Certified Public Accountant.

**About HomesToLife Ltd (Nasdaq: HTLM)**

HomesToLife Ltd is a global furniture company with three core divisions: (i) export division for supplying furniture to retail partners worldwide, (ii) leather trading division, and (iii) consumer retail division with direct operations in Singapore and Korea.

Leveraging more than 50 years of heritage built by its founders, the Company combines retail, distribution, and sourcing, supported by a diversified manufacturing network across China, Vietnam, and India.

In May 2025, the Company strengthened its design, product development and merchandising function through the acquisition of HTL Marketing.

The Company is fast expanding across Europe, Asia-Pacific, and North America, leveraging long-standing supplier partnerships and a global presence to deliver scale, efficiency, and resilience.

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**Contacts**

**HomesToLife Ltd Contact:**

6 Raffles Boulevard, #02-01/02

Marina Square, Singapore 039594

Email: Investor@homestolife.com

**Investor Relations Inquiries:**

Edelman Smithfield

Jass Lim, Enya Rodrigues

HomesToLife@edelmansmithfield.com

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