Xuan Wu Cloud Technology Holdings Limited (the Company, Stock Code: 2392) has announced major changes to its Board and management, effective 9 February 2026. The announcement highlights resignations from key positions and the introduction of several appointments to the roles of Chairman, Chief Executive Officer (CEO), executive directors, and independent non-executive directors (INEDs).

Several executives have resigned, including the former Chairman, Chief Executive Officer, and authorised representative, citing the Company’s change in control after a recent transaction and personal commitments. The departing executives also include one executive director and three INEDs. Each has confirmed no disagreements with the Board and no outstanding claims against the Company.

Following the resignations, the Company has appointed new leaders. The new Chairman and authorised representative is appointed, a current executive director assumes the CEO role and joins the Nomination Committee, and a new executive director becomes a member of the Remuneration Committee. Additionally, three INEDs have joined the Board. One becomes chairman of the Audit Committee, another leads the Nomination Committee, and the third heads the Remuneration Committee.

As a result, the composition of the Board’s committees has been realigned with effect from 9 February 2026. The Audit Committee now includes a newly appointed chairman and two new committee members. The Remuneration Committee is led by the newly appointed INED and includes another new executive director and INED as members. The Nomination Committee is chaired by a new INED, with the CEO and another INED as members.

All new appointees have indicated that they meet the independence criteria outlined in the relevant listing rules and have confirmed that they will devote sufficient time and expertise to their respective roles. The Company’s announcement noted that these changes are intended to align with its evolving control structure and strategic direction.