Persistence Gold Group Ltd — Board/Management Information 2025

Nov 4, 2025

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.

PERSISTENCE RESOURCES GROUP LTD

集海資源集團有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 2489)

CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

Reference is made to the announcement of Persistence Resources Group Ltd (the "Company") dated 6 August 2025 (the "Announcement"). Mr. Lo Cheuk Kwong Raymond ("Mr. Lo") has resigned as an executive Director, the company secretary of the Company (the "Company Secretary") and an authorised representative of the Company (the "Authorised Representative") under both Rule 3.05 of the Listing Rules as well as for accepting service of process and notices in Hong Kong on its behalf under the Companies Ordinance, with effect from 5 November 2025. Capitalized terms used but not otherwise defined herein shall have the same meanings as ascribed to them in the Announcement.

Mr. Lo has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Mr. Lo will continue to act as the chief financial officer of the Company.

The Board further announces that following the resignation of Mr. Lo, Mr. Chu Hon Leung ("Mr. Chu") has been appointed as the Company Secretary and the Authorised Representative with effect from 5 November 2025.

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Mr. Chu, aged 43, has been a practicing solicitor in Hong Kong since 2009 and is currently a partner of Li & Partners. Mr. Chu is currently a joint company secretary of two companies listed on the Stock Exchange, namely Shandong Chenming Paper Holdings Limited (stock code: 1812) and Fire Rock Holdings Limited (listed on the Stock Exchange, stock code: 1909.HK). He also served as a joint company secretary for Qinhuangdao Port Co., Ltd. (listed on the Stock Exchange, stock code: 3369.HK) from November 2023 to February 2025 and Hengxin Technology Ltd. (listed on the Stock Exchange, stock code: 1085.HK) from October 2011 to May 2012. Mr. Chu obtained his graduate diploma in law from The College of Law in London, United Kingdom and graduated from the City University of Hong Kong with the postgraduate certificate in laws.

The Board wishes to express its sincere gratitude to Mr. Lo for his contribution to the Company during the tenure of his office and extend its warm welcome to Mr. Chu on his new appointments.

By order of the Board
Persistence Resources Group Ltd
SHAO Xuxin
Chairman, Chief Executive Officer and Executive Director

Hong Kong, 4 November 2025

As at the date of this announcement, the Board comprises Dr. Shao Xuxin and Mr. Mackie James Thomas as executive Directors; Mr. Chen Li Bei as non-executive Director; and Dr. Malaihollo Jeffrey Francis A, Mr. Chan Ngai Fan, Dr. Zeng Ming and Ms. Liu Li as independent non-executive Directors.

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