Asiaray Media Group Limited (“Asiaray”) announced the immediate appointment of Mr. Wu Tak Lung, aged 61, as Independent Non-Executive Director, Chairman of the Audit Committee and member of the Remuneration Committee, effective upon the close of the 12 June 2026 Annual General Meeting.

Mr. Wu brings more than three decades of accounting and corporate-finance experience. He holds a Bachelor of Business Administration in Accounting from Hong Kong Baptist University and an MBA jointly awarded by the University of Manchester and the University of Wales. Professionally, he is a member or fellow of five major institutes, including the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants. His career began with five years at Deloitte Touche Tohmatsu, culminating as audit manager, followed by senior finance roles in several Hong Kong-based companies.

Currently, Mr. Wu serves as: • Accounting consultant to the Ministry of Finance of the State Council • Independent non-executive director at Kam Hing International Holdings, Sinopharm Group and Zhongguancun Science-Tech Leasing • Member of various hospital governance and audit committees in Hong Kong

During the past three years he also sat on the boards of Henan Jinma Energy, Minth Group and Sinomax Group, and previously held a directorship at Beijing Media Corporation.

Contract terms stipulate no fixed tenure; Mr. Wu will stand for re-election at Asiaray’s 2027 AGM and be subject to triennial rotation under the company’s Memorandum and Articles. Annual remuneration is set at HK$0.30 million, with additional fringe benefits at the Board’s discretion.

The Nomination Committee affirmed Mr. Wu’s independence and suitability despite a public criticism issued by the Hong Kong Stock Exchange in February 2022 related to Beijing Media’s internal controls. The committee noted the incident did not involve personal dishonesty and that no further regulatory actions have been recorded since.

Following the appointment, Asiaray’s Board comprises: • Executive Directors: Mr. Lam Tak Hing, Vincent JP; Mr. Kwan Tat Cheong • Non-Executive Director: Mr. Huang Hai • Independent Non-Executive Directors: Mr. Ma Ho Fai GBS JP; Ms. Mak Ka Ling; Mr. Wu Tak Lung

The Board welcomed Mr. Wu, citing his extensive expertise in accounting, finance and compliance as beneficial to Asiaray’s governance framework.