Grand Ocean Advanced Resources Company Limited disclosed an updated Board structure effective 15 July 2026. The Board now consists of four members: one Executive Director, one Non-Executive Director and two Independent Non-Executive Directors.

• Executive leadership: Mr. Ng Ying Kit continues as the sole Executive Director and serves on the Nomination Committee. • Non-Executive oversight: Ms. Ji Yuan remains the Non-Executive Director and holds a seat on the Remuneration Committee. • Independent balance: Mr. Chang Xuejun and Ms. Liu Luqing serve as Independent Non-Executive Directors. Mr. Chang chairs the Remuneration Committee and is a member of the Audit Committee, while Ms. Liu chairs the Nomination Committee and is also a member of both the Audit and Remuneration Committees.

The Board operates three committees—Audit, Nomination and Remuneration—to enhance governance and risk oversight. All changes are effective immediately from the announcement date.