Kafelaku Coffee Holding Limited (Stock code: 1869) announced that with effect from 4 November 2025, Executive Director Mr. Cui Zhiqiang has been elected as Chairman of the Board, Chairman of the Nomination Committee, and a member of the Remuneration Committee, replacing Ms. Leung Ka Wai. Ms. Leung will remain as an Executive Director, and she has confirmed that she has no disagreement with the Board regarding her re-designation.

According to the announcement, Mr. Cui is a substantial shareholder, holding and being deemed interested in an aggregate of 409,860,000 shares of the company (approximately 29.06% of its issued share capital as of the announcement date). He is the father of Executive Director and Chief Executive Officer Mr. Cui Zifeng. Mr. Cui holds an Executive Master of Business Administration from South China University of Technology (2009) and has served in leadership roles at Jiangsu Safety Wire Rope Co., Ltd. (603028.SH) and its subsidiary. He currently chairs BRB Group Holding (Hong Kong) Limited and Hainan Meilangwan Health Industry Group, and presides over other industry associations.

Following his appointment as chairman of the Nomination Committee, the committee comprises only one gender, which does not meet the requirement under Code B.3.5 in Part 2 of Appendix C1 of the Listing Rules. The Board is seeking a suitable candidate to join the Nomination Committee within three months from 4 November 2025 and will make further announcements in due course. The Board has extended its welcome to Mr. Cui in his new positions.