Maoye International Holdings Limited (848) disclosed a proposed change of auditor following the resignation of PricewaterhouseCoopers (PwC) on 24 October 2025. According to the announcement, both sides were unable to reach a consensus on the audit fee for the financial year ending 31 December 2025. There are no other disagreements or matters requiring additional attention, and PwC had not commenced any audit work for the current year before its resignation.

Maoye International Holdings Limited’s board and audit committee do not anticipate any significant impact on the annual audit for the year ending 31 December 2025. Baker Tilly Hong Kong Limited will fill the vacancy left by PwC and will hold office until the conclusion of the company’s next annual general meeting. The decision to appoint Baker Tilly Hong Kong Limited was based on an assessment of factors such as its industry knowledge, technical competence, familiarity with Hong Kong listing requirements, and proposed remuneration.

The board has expressed gratitude to PwC for its services and extended a warm welcome to Baker Tilly Hong Kong Limited as the new auditor.