POLY PPT SER(06049): Wang Yingnan has been approved to serve as the general manager.

POLY PPT SER (06049) Announcement: Mr. Yao Yucheng has resigned from his positions as Executive Director, General Manager, and member of the Strategic and Sustainable Development Committee of the company due to work adjustment reasons, effective from January 27, 2026. According to the relevant provisions of the company's articles of association, Mr. Wang Yingnan has been approved by the board of directors to serve as the company's General Manager, with a term starting from January 27, 2026 until the expiration of the current board term. The company further announces that, nominated by the company's controlling shareholder Poly Developments and Holdings Group Holdings Limited, Mr. Wang has also been approved by the board of directors as a candidate for Executive Director, with a term starting from the date of approval until the expiration of the current board term, subject to approval by ordinary resolution at a special shareholder meeting. Due to work adjustments, Mr. Yin Chao, one of the current joint company secretaries, will no longer serve as the company's board secretary and joint company secretary; Mr. Liu Long has been approved by the board of directors to take over as the company's board secretary and joint company secretary, effective from January 27, 2026.