FSE Lifestyle Services Limited (Stock Code: 331) released a circular dated 28 October 2025 detailing proposals for its upcoming Annual General Meeting (AGM) on 21 November 2025 at 11:30 a.m. at 17th Floor, Chevalier Commercial Centre, 8 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong.

Key points from the announcement include the proposal of general mandates authorizing the board to issue up to 20% of the total issued shares (excluding treasury shares, if any) and buy back up to 10% of the total issued shares (excluding treasury shares, if any). A corresponding extension mandate would allow any shares bought back to be added to the issuance mandate.

Several directors are scheduled for rotation or retirement. Among them, one independent non-executive director intends to retire and will not seek re-election. The circular also includes a proposal to appoint a new independent non-executive director, subject to shareholder approval. The formation of certain committees will be adjusted following these board changes.

Additionally, the document proposes adopting a new share option scheme to replace the existing one expiring in November 2025. Details on the maximum number of shares issuable under the scheme, vesting periods, and related procedures appear in the circular.

The AGM agenda also covers audited financial statements for the year ended 30 June 2025, consideration of a final dividend, re-appointment of the auditor, and related resolutions. Shareholders are advised to review the circular in full and submit proxy forms on time if they cannot attend in person.