Oriental Payment Group Clears All AGM Resolutions; Director Exit Triggers Temporary GEM Rule Breach

Bulletin Express
09/29

Oriental Payment Group Holdings Limited announced that all six ordinary resolutions tabled at its Annual General Meeting on 29 September 2026 were approved by poll with 100.00% of the 447.42 million votes cast in favour. The valid votes represented approximately 23.22% of the 1.93 billion shares in issue.

Key approvals: 1. Adoption of the audited consolidated financial statements for the year ended 31 March 2026. 2. Re-election of Executive Director Mr Tsang Chi Kit. 3. Authorisation for the Board to fix directors’ remuneration. 4. Re-appointment of Forvis Mazars CPA Limited as independent auditor and authorisation of its remuneration. 5. Granting of general mandates allowing the Board to: • issue new shares up to 20% of issued share capital, • repurchase shares up to 10% of issued share capital, and • extend the issue mandate by the number of shares repurchased.

Directorate change: Independent Non-Executive Director (INED) Mr Henrich Stefan retired at the conclusion of the AGM, citing personal and business commitments, and did not seek re-election. He also stepped down from the Audit, Remuneration and Nomination Committees. Mr Henrich confirmed no disagreement with the Board and no outstanding claims against the Company.

Regulatory implications: Mr Henrich’s departure leaves the Company with two INEDs, below the minimum three required by GEM Listing Rule 5.05(1). The Audit Committee membership has also fallen short of the three-member requirement under Rule 5.28 and its own terms of reference. Oriental Payment Group is actively searching for a suitable candidate and intends to restore compliance within three months from 29 September 2026.

Current Board composition: • Executive Director: Mr Tsang Chi Kit • Independent Non-Executive Directors: Mr Tong Tsz Kwan; Ms Tam Yuen Lam Angela

The Company has committed to update the market on its progress in filling the INED vacancy in accordance with GEM Listing Rules.

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