ENM Holdings Limited (stock code 00128) has adopted a comprehensive set of new Articles of Association by special resolution dated 25 June 2026, replacing the previous version and formally disapplying the Model Articles for public companies under Hong Kong’s Companies Ordinance (Cap. 622). Below are the key features of the updated corporate constitution:

Business Identity and Liability • Corporate identity: The company’s official name remains “ENM Holdings Limited 安寧控股有限公司,” a Hong Kong–incorporated entity originally established on 27 April 1966. • Member liability: Shareholders’ liability is limited to any unpaid amounts on their shares.

Capital Structure and Shareholder Rights • Flexible share classes: The Board may issue shares with preferred, deferred, non-voting, restricted-voting or redeemable rights, subject to statutory and listing-rule conditions. • Treasury shares: The Articles expressly permit the company to hold, transfer or cancel treasury shares in line with the Companies Ordinance and Hong Kong Stock Exchange (HKEX) rules. • Share buy-backs & financial assistance: The Board may authorise repurchases of its own shares or provide financial assistance for such transactions, provided HKEX and regulatory guidelines are followed.

Governance and Board Matters • Board composition: The company must maintain at least two directors; any casual vacancy can be filled by the Board, with appointees standing for election at the next annual general meeting (AGM). • Director rotation: One-third of directors (or the nearest higher whole number) must retire at each AGM, ensuring every director faces re-election at least once every three years. • Conflict-of-interest safeguards: Directors with material interests—together with their close associates—must abstain from voting on relevant Board resolutions, subject to HKEX exemptions. • Indemnity & insurance: Directors, officers and auditors are indemnified against liabilities incurred in their official capacities, excluding those arising from fraud. The company is authorised to purchase liability insurance for them.

Shareholder Meetings and Voting • Meeting flexibility: General meetings may be held physically, electronically or in hybrid form. The Board can postpone, move or adjust meeting formats and locations without prior shareholder approval when “impractical or undesirable” circumstances arise. • Quorum & voting: Two shareholders constitute a quorum. All substantive resolutions are decided by poll; the chair may allow procedural matters to be resolved by a show of hands. • Scrip dividends: Shareholders can elect to receive dividends in cash or in fully paid shares or treasury shares; the Board may exclude jurisdictions where regulatory constraints apply. • Untraceable members: Shares of members who have been uncontactable for at least 12 years may be sold, with net proceeds held by the company for the beneficiaries.

Capital Management • Capital alteration: Share consolidation, subdivision, or cancellation can be effected via ordinary resolution; capital reduction requires a special resolution. • Reserve capitalisation: Profits and reserves may be capitalised for bonus issues or to offset unpaid calls.

Historical Corporate Changes • 1999: Name changed from Essential Enterprises Company Limited to e-New Media Company Limited. • 2005: Name changed to ENM Holdings Limited. • 2026: New Articles of Association adopted, formally excluding the standard Model Articles framework.

Compliance and Transparency • Detailed procedures for notice delivery—including electronic communications, website publication and traditional mail—are incorporated, aligning with updated Companies Ordinance and HKEX requirements. • The company commits to keeping proper accounting records, publishing annual reporting documents or summary financial statements at least 21 days before the AGM, and maintaining an accessible register of directors, company secretaries and charges.

These revisions modernise ENM Holdings’ corporate governance, expand capital-management tools and enhance shareholder communication mechanisms to meet evolving regulatory standards in Hong Kong.