Announcement • 3h

China Literature Limited Announces Board and Committee Changes, Effective June 2, 2026

China Literature Limited announced Ms. Yu Chor Woon Carol and Mr. Liu Junmin had each been serving as an independent non-executive Director for a period approaching nine years, and although eligible, did not offer themselves for re-election at the AGM. Upon the conclusion of the AGM, (i) Ms. Yu ceased to be the Company's independent non-executive Director, the chairman of the audit committee of the Company, a member of the remuneration committee of the Company, and a member of the nomination committee of the Company, and (ii) Mr. Liu ceased to be the Company's independent non-executive Director and a member of the Nomination Committee. At its Annual General Meeting held on June 2, 2026, Mr. Kong Xiangjun and Mr. Mak Tze Leung have been appointed as independent non-executive Directors of the Company with effect from the conclusion of the AGM. Mr. Kong, aged 60, currently serves as a chair professor, doctoral supervisor at KoGuan School of Law, Shanghai Jiao Tong University. Mr. Kong is also the dean of the Institute of Intellectual Property and Competition Law, Shanghai Jiao Tong University. Mr. Kong has been recognized with numerous honors, including being named as one of the "50 Most Influential Intellectual Property Persons in the World", "National Top Ten Outstanding Young Jurists”, “Outstanding Chinese Scholars in Humanities and Social Sciences”, “The First National Court Trial Business Expert”, “the Cultural Masters and the Four First-Batch Talents” by the Publicity Department of the Communist Party of China, and “China Intellectual Property Annual Influential Person" (in 2018), among other honors. He also holds several concurrent roles, including the vice president of Shanghai Comprehensive Law-Based Governance Society, and the president of the Research Society on Network Governance and Data Information Law of Shanghai Law Society. Mr. Kong successively served as a court clerk and an assistant judge of Shandong Province Heze Area Intermediate People's Court (currently known as Shandong Province Heze City Intermediate People's Court) from August 1986 to August 1989, and as a postdoctoral researcher at Renmin University of China from August 1994 to September 1996. He then successfully served as an officer and the deputy director of the Anti-monopoly Division of the State Administration for Industry and Commerce (currently known as State Administration for Market Regulation) from September 1996 to February 2001. 2001 to September 2016, Mr. Kong successively served as a judge, deputy chief judge, chief judge, member of the Judicial Committee, and deputy secretary of the Party Group and deputy chief judge of the First Circuit Court of the Supreme People's Court. From January 2014 to January 2015, he also served on secondment as deputy secretary of the Political and Legal Committee of the Sichuan Provincial Party Committee, and deputy director of the Office for Law-Based Governance of the Sichuan Provincial Party Committee. Mr. Kong received his bachelor of law from East China Institute of Political Science and Law (currently known as East China University of Political Science and Law) in June 1986, his master of law from China University of Political Science and Law in June 1991, and his doctor of law from China University of Political Science and Law in June 1994. Mr. Mak, 58, has served as an independent non-executive director of WeChat Pay Hong Kong Limited, a wholly-owned subsidiary of Tencent Holdings Limited, the controlling shareholder (as defined under the Listing Rules) of the Company, since October 2023. Prior to that, Mr. Mak worked at PricewaterhouseCoopers Hong Kong from August 1991 and retired as a partner in December 2022. Mr. Mak is also a member of the Association of Hong Kong Accounting Advisors, an honorary adviser of the Accounting and Financial Reporting Council of Hong Kong and a member of its Inspection Committee, and a member of the Departmental Advisory Committee for the Department of Accountancy at City University of Hong Kong. From June 2016 to April 2026, Mr. Mak served as an accounting advisor to the Ministry of Finance of the People's Republic of China. Mr. Mak previously served as the chairman of the Association of Chartered Certified Accountants, Hong Kong. Mr. Mak is a member of the Association of Chartered Certified Accountants (ACCA), the Hong Kong Institute of Certified Public Accountants (HKICPA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Governance Institute (CGI), and the Hong Kong Chartered Governance Institute (HKCGI). Mr. Mak received his Bachelor of Arts degree with first-class honors in accountancy from City University of Hong Kong in 1991. Each of Mr. Kong and Mr. Mak has entered into an appointment letter with the Company for a term commencing from the effective date of his appointment and expiring on May 9, 2029, subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. The Board further announced that, with effect from June 2, 2026, (i) Mr. Kong has been appointed as a member of the Nomination Committee, (ii) Mr. Mak has been appointed as the chairman of the Audit Committee and a member of the Remuneration Committee, and (iii) Ms. Leung Sau Ting Miranda has been appointed as a member of the Nomination Committee.

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