SIMPLICITY HLDG (Simplicity Holding Limited) has issued a supplemental announcement to its circular dated 10 August 2026, detailing the financial terms tied to the re-appointment of its external auditor, Fan, Chan & Co. Limited.

The Group expects to pay approximately HK$0.68 million—exclusive of out-of-pocket expenses—for the audit of its consolidated financial statements for the year ending 31 March 2027. The fee was agreed upon through arm’s-length negotiations and reflects:

• The scale, nature and complexity of SIMPLICITY HLDG’s operations. • The anticipated scope and timetable of the audit. • The mix and seniority of professional staff required.

The estimate presumes no material changes in business operations, accounting policies or regulatory environment during the period, and relies on management providing timely information to support the audit process.

The Board, comprising three executive and three independent non-executive directors, collectively accepts full responsibility for the accuracy and completeness of the disclosed information.