Magnificent Hotel Investments Limited (stock code: 00201) announced a proposal to replace its existing Articles of Association with a new set that addresses three core objectives:

1. Meeting Flexibility • The proposed New Articles of Association will allow, but not require, annual general meetings and other shareholder meetings to be conducted in electronic or hybrid formats, permitting attendance both in person and via electronic means, subject to the Companies Ordinance and Listing Rules.

2. Regulatory Alignment • The amendments will bring the company’s constitutional documents in line with recent revisions to Hong Kong’s Listing Rules, particularly the core shareholder protection standards in Appendix A1. • Mandatory clauses that previously appeared in the now-abolished memorandum of association will be migrated into the articles to comply with Chapter 622 of the Companies Ordinance.

3. Housekeeping Updates • Minor editorial and clarifying amendments will also be incorporated to streamline the document.

Key Process Details • A circular detailing the full text of the New Articles of Association, along with the notice of the forthcoming annual general meeting (AGM), will be dispatched to shareholders. • No shareholder holds a material interest in the proposal; therefore, no abstention from voting is required. • The company will publish additional announcements on the AGM results and the effective date of the new Articles of Association when available.

Board Composition (as of 20 March 2026) • Executive Directors: William Cheng Kai Man (Chairman), Albert Hui Wing Ho, Kimmy Lau Kam May, Ng Yuet Ying • Non-executive Director: Mabel Lui Fung Mei Yee • Independent Non-executive Directors: Chan Kim Fai, Lam Kwai Cheung, Warren Liu Yuk Cho

Company Secretary: Koo Ching Fan