CHI KINGSTONE (01380) establishes an independent director committee.

CHI KINGSTONE (01380) announces that the Independent Director Committee (composed of all independent non-executive directors, namely Mr. Andreas Varianos, Ms. Zuri and Ms. Gu Yiran, who have no direct or indirect interests in the bonus issue) has been established to provide advice to independent shareholders on whether the terms of the proposed bonus issue are negotiated on normal commercial terms, fair and reasonable, and in the overall interests of the company and shareholders, and to provide recommendations on how to vote. On August 28, 2025, Jeon International Financial Limited, a licensed corporation regulated under the Securities and Futures Ordinance (Chapter 571 of Hong Kong laws) for Type 6 regulated activity (providing advice on corporate finance), has been appointed as an Independent Financial Advisor to provide advice to the Independent Director Committee and independent shareholders on whether the terms of the proposed bonus issue are negotiated on normal commercial terms, fair and reasonable, and in the overall interests of the company and shareholders, and to provide recommendations on voting.