IWS to Replace Long-Serving CEO Lam King Sang with CFO Chris Tam from 1 September 2026

Bulletin Express07-02

Integrated Waste Solutions Group Holdings Limited (IWS) has announced a leadership transition effective 1 September 2026.

Key changes 1. Retirement of CEO • Mr. Lam King Sang will retire as Executive Director and Chief Executive Officer after ten years on the Board. • Mr. Lam will also relinquish the chairmanship of the Executive Committee and all other Group positions. • The outgoing CEO confirmed no disagreements with the Board and no matters requiring shareholder attention.

2. Appointment of new CEO • Mr. Tam Sui Kin, Chris, currently Chief Financial Officer, will be re-designated as Chief Executive Officer. • Mr. Tam, aged 61, joined IWS in July 2013 and has over 35 years of audit, accounting, project financing and financial-management experience. • Remuneration under his existing service agreement totals HK$3.45 million per year (director’s fee: HK$348,000; salary: HK$3.10 million), subject to periodic review by the remuneration committee. • His present two-year term began on 30 September 2025, with rotation and re-election provisions in line with the Company’s Articles.

Board composition (as of 2 July 2026) • Executive Directors: Lam King Sang; Tam Sui Kin, Chris • Non-Executive Directors: Cheng Chi Ming, Brian (Chairman); Lee Chi Hin, Jacob; Luey Sisi, Doris • Independent Non-Executive Directors: Chow Shiu Wing, Joseph; Wong Man Chung, Francis; Chan Ting Bond, Michael

The Board expressed gratitude for Mr. Lam’s contributions and welcomed Mr. Tam to his new role.

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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