Universe Ent Proposes Comprehensive Bye-law Amendments to Enable Treasury Shares and Align With New Uncertificated Securities Rules

Bulletin Express

Yesterday

Universe Entertainment and Culture Group Company Limited (“Universe Ent”) has announced plans to replace its current bye-laws with a fully amended and restated version.

Key changes proposed: 1. Alignment with the latest legal and regulatory requirements governing the uncertificated securities market regime. 2. Introduction of flexibility for the company to purchase or acquire its own shares to be held as treasury shares. 3. Incorporation of various consequential and housekeeping amendments.

Implementation timeline: • The revised bye-laws will be presented as a special resolution at the Annual General Meeting scheduled for 4 December 2026. • A circular detailing the full text of the proposed amendments and the AGM notice will be dispatched to shareholders in due course.

Governance: The current board comprises Executive Directors Mr. Lam Shiu Ming, Daneil (Chairman) and Mr. Lam Kit Sun, alongside Independent Non-Executive Directors Mr. Choi Wing Koon, Mr. Tang Yiu Wing and Ms. Pong Suet Hing.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited accept no responsibility for the contents of this announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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