POLY PPT SER (06049) announced that Mr. Yao Yucheng has resigned from his positions as Executive Director, General Manager, and member of the Strategy and Sustainable Development Committee due to work adjustments, effective January 27, 2026. According to the relevant provisions of the company's "Articles of Association," Mr. Wang Yingnan has been reviewed and approved by the company's board of directors to assume the role of General Manager, with his term commencing on January 27, 2026, and lasting until the expiration of the current board's term. The company further announced that, nominated by its controlling shareholder, Poly Development Holding Group Co., Ltd., Mr. Wang has also been reviewed and approved by the board as a candidate for Executive Director. His term as director will begin from the date of approval by an ordinary resolution at the company's forthcoming extraordinary general meeting and will last until the current board's term expires. Concurrently, one of the company's current joint company secretaries, Mr. Yin Chao, will step down from his roles as Board Secretary and Joint Company Secretary due to work adjustments. Mr. Liu Long has been approved by the board to succeed as Board Secretary and Joint Company Secretary, effective January 27, 2026.