INFINITY DEV (00640) announced that the Board of Directors of Infinity Development Holdings Limited (the Company) declared that (i) Ms. Liu Zhenni (Ms. Liu) and Mr. Qian Defa (Mr. Qian) will each be appointed as an Independent Non-executive Director, effective from January 30, 2026.

Mr. Chen Yongyou (Mr. Chen) and Mr. Lu Dongquan (Mr. Lu) will retire following the conclusion of the Annual General Meeting held at 3:00 p.m. on Thursday, January 29, 2026.

Mr. Chen will cease to serve as an Independent Non-executive Director, Chairman of the Remuneration Committee, and a member of each of the Company's Audit Committee and Nomination Committee, while Mr. Lu will cease to serve as an Independent Non-executive Director, Chairman of the Nomination Committee, and a member of each of the Audit Committee and Remuneration Committee.

Ms. Liu will be appointed as Chairman of the Nomination Committee and a member of each of the Audit Committee and Remuneration Committee, effective from January 30, 2026, while Mr. Qian will be appointed as Chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee, effective from January 30, 2026.