NIP Group Inc. held an extraordinary general meeting of shareholders on July 25, 2025, in Hong Kong. During the meeting, several resolutions were approved. The number of directors was amended to be not less than three, with no maximum limit. The definition of "Member Appointed Director" was updated to one director appointed by each Class B Majority Holder. Shareholder approval requirements for revoking the CEO's appointment were revised, and the necessity for a shareholder resolution to vary the CEO's appointment terms was removed. Additionally, amendments were made to replace "Founder Member Appointed Director" with "Director who is also a holder of Class B Shares." The Current M&A was amended and restated to reflect these changes.
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