FEG HOLDINGS (01413) announced that following the failure of certain resolutions to be formally passed at the annual general meeting, Zhang Dongjin, Xie Rong and Ruan Guantong have resigned from their positions as executive directors after the conclusion of the AGM. Mr. Andre Pierre Lajeunesse has also resigned from his position as independent non-executive director. Following the conclusion of the AGM, Mr. Zhang also ceased to serve as chairman of the board of directors. Subsequent to the AGM, Mr. Yang Zhenwei has been appointed as the new chairman of the board of directors. Following Mr. Zhang's resignation, the board of directors resolved to relieve Mr. Zhang of all positions and duties in the company and all its subsidiaries, including but not limited to the position of chief executive officer of the company, and to suspend the performance of all duties related to such positions with immediate effect. Following Mr. Zhang's resignation, the changes to the members of the remuneration committee effective from September 18, 2025 are as follows: Mr. Zhang ceased to be a member of the remuneration committee; and independent non-executive director Xian Guozhu has been appointed as a member of the remuneration committee.