MAN WAH HLDGS has announced that Mr. Zhou Chengyan has informed the board of his decision not to stand for re-election as a director at the company's upcoming annual general meeting scheduled for July 3, 2026, as he intends to focus on other business commitments.

Consequently, he will retire from his role as an independent non-executive director, effective upon the conclusion of the annual general meeting. Following his retirement, Mr. Zhou will also cease to serve as the chairman of the board's audit committee and as a member of the nomination committee and the remuneration committee.

The board has proposed the appointment of Mr. Chen Keqin as an independent non-executive director. This proposed appointment is subject to approval by shareholders through an ordinary resolution at the annual general meeting and, if approved, will take effect from the conclusion of that meeting.

After the annual general meeting, Mr. Yang Shaoxin will be appointed as the chairman of the audit committee, and Mr. Lin Yansheng will be appointed as a member of both the audit committee and the nomination committee.