SHOUHUI GROUP (02621) announced that to further strengthen the independence of the Remuneration Committee and enhance the company's corporate governance practices, the Board resolved to make the following changes to the composition of the Remuneration Committee, effective immediately upon the passage of the relevant resolution on May 11, 2026: Executive Director Mr. Li Jianting has been appointed as a member of the Remuneration Committee, while Mr. Guang Yao will cease to serve as a member.

On May 11, 2026, the Board resolved to propose, subject to shareholder approval, the adoption of a Restricted Share Unit Plan (the 2026 Restricted Share Unit Plan). The 2026 Restricted Share Unit Plan will be funded through: (i) treasury shares transferred by the company to a trustee, (ii) existing shares purchased by the trustee from the secondary market as directed by the Board, and/or (iii) new shares allotted and issued by the company, thereby constituting a share plan funded by new shares under Chapter 17 of the Listing Rules.

On May 11, 2026, subject to shareholder approval of the adoption of the 2026 Restricted Share Unit Plan at the Annual General Meeting, the Board resolved to conditionally grant a total of 668,400 restricted share units to 94 eligible participants. This includes (i) 28,000 restricted share units granted to two executive directors; and (ii) 170,500 restricted share units granted to a senior management personnel of the company (subject to acceptance by the grantee), representing approximately 0.30% of the total issued shares as of the date of this announcement (excluding treasury shares).