Royal Deluxe Holdings Limited (Stock Code: 3789) announced that Independent Non-Executive Director Mr. Kwong Ping Man will resign from his position, effective January 31, 2026, due to his decision to devote more time to other work. The board has confirmed there is no disagreement with Mr. Kwong and no other matters requiring shareholder attention regarding his departure.

Effective February 1, 2026, the company will appoint Mr. Huang Victor as an Independent Non-Executive Director. Mr. Huang, aged 54, brings over 30 years of experience in professional accounting, capital markets, and mergers and acquisitions, having worked as a partner at both PricewaterhouseCoopers and KPMG. He has also served as an independent non-executive director at several other Hong Kong-listed firms.

Mr. Huang will receive a monthly fee of HK$16,500, according to his letter of appointment for a three-year term commencing February 1, 2026. He will be subject to retirement by rotation and is eligible for re-election at the company’s annual general meeting. The board has noted Mr. Huang’s confidence that he can devote sufficient time to Royal Deluxe, as his other directorships are independent in nature.

Following these changes, Mr. Kwong will step down from his roles as chairman of the audit committee and environmental, social and governance committee, as well as membership in the remuneration committee, nomination committee, and risk committee, effective January 31, 2026. Mr. Huang will assume all these positions from February 1, 2026. The board expressed gratitude for Mr. Kwong’s contributions and extended a warm welcome to Mr. Huang on his appointment.