MIRXES Reshapes Board After INED Exit, Regains Compliance; Share Trading Still Halted

Bulletin Express06-01

Mirxes Holding Company Limited (MIRXES-B, 02629) disclosed multiple directorate and governance changes after the unexpected resignation of Independent Non-Executive Director (INED) Ms. Ma Andrea Lo Ling on 29 May 2026.

Key developments:

1. INED resignation • Ms. Ma stepped down as INED, Nomination Committee chair and Remuneration Committee member, citing other business commitments. • She confirmed no disagreements with the Board and no issues requiring shareholder attention.

2. New board and committee appointments (effective 31 May 2026) • Mr. Tsang Kwok Wai, aged 56, joins as INED, filling the vacancy. – Extensive listed-company experience; fellow of HKICPA, TIHK, and ACCA. – Holds 9,600 MIRXES shares (approx. 0.003% of issued capital). – Three-year service term; annual director’s fee: HK$0.37 million, with additional allowance for Independent Investigation Committee duties. • Committee reshuffle: – Mr. Tsang becomes member of Nomination, Remuneration, Audit and Independent Investigation Committees. – Mr. Fang Xiao appointed chairman of the Nomination Committee. – Dr. Lam Sin Lai Judy joins the Nomination Committee; Dr. Too Heng Phon joins the Remuneration Committee.

3. Temporary non-compliance and prompt rectification • Ms. Ma’s departure left MIRXES short of the minimum three INEDs and gender diversity requirement, breaching Listing Rules 3.10(1), 3.10A, 3.27A and Corporate Governance Code B.3.5. • Appointments on 31 May restored full compliance with the cited rules.

4. Trading status • Trading in MIRXES shares has been suspended since 1 April 2026 and will remain halted until further notice.

The Board expressed gratitude to Ms. Ma for her service and welcomed Mr. Tsang to his new role.

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