Lemo Services Co., Ltd — Governance Information 2026

Mar 20, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Lemo Services Co., Ltd

樂摩科技服務股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 02539)

PROPOSED ABOLITION OF THE SUPERVISORY COMMITTEE; PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION; PROPOSED AMENDMENTS TO THE RULES OF PROCEDURES FOR THE SHAREHOLDERS' GENERAL MEETING; AND PROPOSED AMENDMENTS TO THE RULES OF PROCEDURES FOR THE BOARD OF DIRECTORS

This announcement is made by Lemo Services Co., Ltd (the "Company", and together with its subsidiaries, the "Group") pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in relation to the proposed amendments to the articles of association of the Company (the "Articles of Association").

The board (the "Board") of directors of the Company (the "Directors") proposes to amend the Articles of Association for the purposes of, among other things, abolishing the supervisory committee of the Company (the "Supervisory Committee") and the office of supervisors, whereby the functions and powers previously exercised by the Supervisory Committee under the Company Law of China and the Articles of Association shall be assumed by the audit committee of the Company, the duties of the supervisors shall be terminated, and the rules of procedures for the Supervisory Committee shall be repealed simultaneously.

Following the abolition of the Supervisory Committee, the Board shall include one employee Director, and the size of the Board will be increased from eight to nine Directors. The employee Director shall be elected by the employees' representative congress (the "Employees' Representative Congress") of the Company, so as to protect the rights of employees to participate in decision-making and to safeguard the interests of employees of the Company.

The Board also proposes to amend the Articles of Association to reflect the increase in the share capital of the Company resulting from the completion of the Company's initial public offering in December 2025, and proposes to amend the Articles of Association in accordance with the Guidelines for the Articles of Association of Listed Companies (《上市公司章程指引》) and the Company Law of China.

In light of the proposed amendments to the Articles of Association, the Board also proposes to amend the rules of procedures for the shareholders' general meeting (the "Rules of Procedures for the Shareholders' General Meeting") and the rules of procedures for the board of directors (the "Rules of Procedures for the Board of Directors").

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Subject to the approval of the shareholders of the Company (the “Shareholders”) at the annual general meeting of the Company (the “AGM”) to be held on 18 May 2026, the existing Supervisory Committee will continue to discharge its duties in strict accordance with the provisions of relevant laws and regulations and the Articles of Association, so as to safeguard the interests of the Company and the Shareholders. The proposed amendments to the Articles of Association, the Rules of Procedures for the Shareholders’ General Meeting and the Rules of Procedures for the Board of Directors are subject to the approval of the Shareholders at the AGM by way of special resolutions. Prior to the passing of such special resolutions at the AGM, the existing Articles of Association, the Rules of Procedures for the Shareholders’ General Meeting and the Rules of Procedures for the Board of Directors shall remain in full force and effect.

A circular of the AGM containing, among other things, details of the proposed amendments to the Articles of Association, the Rules of Procedures for the Shareholders’ General Meeting and the Rules of Procedures for the Board of Directors, and the notice of the AGM, will be published on the website of the Stock Exchange at www.hkexnews.hk and the website of the Company at www.lemobar.com and despatched to the Shareholders who request the printed copies on or before 24 April 2026 as additional time is required for the preparation and finalization of certain information to be included in the circular.

By order of the Board
Lemo Services Co., Ltd
Mr. Han Daohu
Chairman and Non-executive Director

Hong Kong, 20 March 2026

As at the date of this announcement, the Board comprises: (i) Mr. Xie Zhonghui, Mr. Feng Baocai and Mr. Chen Xing as executive Directors; (ii) Mr. Han Daohu and Mr. Wu Jinghua as non-executive Directors; and (iii) Mr. Lei Zhigang, Ms. Dong Hui and Mr. SUEK Ka Lun Ernie as independent non-executive Directors.

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