PAX GLOBAL (00327): Xu Changjun appointed as Chairman and Executive Director.

PCCW Global (00327) announcement, effective from December 12, 2025: Mr. Nie Guoming is no longer serving as Chairman, Executive Director, and Chief Executive Officer; Mr. Zhang Shiyang has resigned as Executive Director and will continue to serve as Chief Financial Officer and one of the Joint Company Secretaries; Mr. Xu Changjun has been appointed as Chairman and Executive Director; Mr. Luo Shaowen has been appointed as Executive Director and Chief Executive Officer; Mr. Li Heguo has been appointed as Executive Director; and Mr. Zhang Hui has been appointed as Executive Director.