Apollo Future Mobility Group Limited has announced a proposed change of auditor following the retirement of EY. EY, the current auditor, issued a qualified opinion for the year ending December 31, 2024, citing a limitation of scope concerning the Group's deposit for research and development costs. This issue was detailed in the company's annual report released on April 30, 2025. EY has not conducted further audit procedures related to this opinion. The board, with the Audit Committee's recommendation, plans to appoint Forvis Mazars to fill the vacancy, subject to shareholder approval at the upcoming AGM.
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