Persistence Gold Group Ltd — Board/Management Information 2025

Aug 6, 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)

RESIGNATION OF EXECUTIVE DIRECTOR, COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The board (the "Board") of directors (the "Directors") of Persistence Resources Group Ltd (the "Company") announces that Mr. Lo Cheuk Kwong Raymond ("Mr. Lo") has tendered his resignation as an executive Director of the Company due to recent health condition. At the same time, Mr. Lo has also tendered his resignation as the company secretary and will cease to act as an authorised representative under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and for accepting the service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (the "Companies Ordinance"). The above resignation will be effective from 5 November 2025 (the "Effective Date"). Mr. Lo will continue to act as the chief financial officer of the Company after the Effective Date.

Mr. Lo will continue to perform his corresponding duties and obligations as an executive Director, the company secretary and an authorised representative of the Company under the Listing Rules and the Companies Ordinance until the Effective Date. The Company will make an announcement about the appointment of a suitably qualified company secretary as well as an authorised representative of the Company under the Listing Rules and the Companies Ordinance in due course.

Mr. Lo has confirmed that, as at the date of this announcement, he has no disagreement with the Board and the management of the Company, nor is there any matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and the Stock Exchange.

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The Board would like to take this opportunity to express its sincere gratitude to Mr. Lo for his valuable contributions to the development of the Company during his tenure of office with the Company.

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

Hong Kong, 6 August 2025

As at the date of this announcement, the Board comprises Dr. Shao Xuxin, Mr. Mackie James Thomas and Mr. Lo Cheuk Kwong Raymond 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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