TAK LEE MACH (02102) proposes to appoint Xia Zhengjing as an independent non-executive director.

TAK LEE MACH (02102) announces that, after considering the recommendation made by the Company's nomination committee in accordance with the Company's nomination policy, the Board proposes to appoint Ms. Xia Zhengjing (Ms. Xia) as an independent non-executive director, effective from the conclusion of the Company's forthcoming annual general meeting to be held on Monday, 30 November 2026. The appointment of Ms. Xia is to succeed The Honourable Sir Rashid Kuok (Sir Kuok) as an independent non-executive director, subject to approval by the shareholders at the annual general meeting. Sir Kuok has served on the Board for more than nine years and, in accordance with the Company's board succession plan, will not stand for re-election at the annual general meeting. Accordingly, Sir Kuok will retire as an independent non-executive director at the conclusion of the annual general meeting and will cease to be the chairman of the nomination committee and a member of the Company's audit committee and remuneration committee. Following Sir Kuok's retirement as an independent non-executive director and the shareholders' approval at the annual general meeting of the appointment of Ms. Xia as an independent non-executive director, the Board will implement the following changes to the composition of the board committees: Sir Kuok will cease to be the chairman of the nomination committee and a member of the audit committee and the remuneration committee with effect from the conclusion of the annual general meeting; Ms. Xia will be appointed as a member of the audit committee, the nomination committee and the remuneration committee; and Mr. Luo Zilin, an independent non-executive director, will be appointed as the chairman of the nomination committee, effective from the conclusion of the annual general meeting.