VSING Limited — Board/Management Information 2026

Apr 22, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") 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.

VSING Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8292)

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR; AND COMPLIANCE WITH THE GEM LISTING RULES

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the "Board") of directors (the "Directors" and each a "Director") of VSING Limited (the "Company", together with its subsidiaries, the "Group") hereby announces that Mr. Chan Ho Choi, Henry ("Mr. Chan") be appointed as an independent non-executive Director and a member of the audit committee of the Company (the "Audit Committee") with effect from 22 April 2026. Biographical details of Mr. Chan are set out as follows:

Mr. Chan, aged 61, has more than 30 years' experience in stocks brokerage, investment funds and dealing with corporate & high networth clients.

Mr. Chan currently is the associate Director, Wealth Management Division of SinoPac Securities (Asia) Limited. He was previously a sales director of each of MIB Securities (HK) Limited and Sun Hung Kai Investment Services Ltd.

Mr. Chan holds a bachelor degree from University of New South Wales, Australia. Mr. Chan is licensed with the Securities and Futures Commission of Hong Kong to carry out Type 1 (dealing in securities) and Type 2 (dealing in futures contracts).

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The Company has entered into a letter of appointment (the “Letter of Appointment”) with Mr. Chan with effect from 22 April 2026. Mr. Chan is entitled to a director’s remuneration of HK$10,000 per month which was determined by the Board with reference to his duties and responsibilities, qualifications, experience, prevailing market conditions and the finances of the Company. Mr. Chan is appointed for an initial term of one year commencing from 22 April 2026 and shall continue thereafter until terminated by either party to the Letter of Appointment by giving the other party three months’ written notice. Mr. Chan will hold office until the next annual general meeting of the Company after his appointment and is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company and the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the “GEM Listing Rules”).

Mr. Chan has confirmed that (i) he is independent as regards to each of the criteria as set out in Rule 5.09 of the GEM Listing Rules; (ii) he has no past or present financial or other interest in the business of the Group or any connection with any core connected persons (as defined in the GEM Listing Rules) of the Company; and (iii) there are no other factors that may affect his independence at the time of his appointment.

Save as disclosed above, Mr. Chan confirms that, as at the date of this announcement, he (i) did not hold any directorships in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas; and other major appointments and professional qualifications; (ii) does not hold any other positions with the Company and any other members of the Group; (iii) does not have any relationships with any Directors, senior management or substantial or controlling shareholders of the Company; (iv) does not have any interests in the Shares within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); and (v) is not aware of any additional information that is required to be disclosed pursuant to the requirements under Rule 17.50(2)(h) to (w) of the GEM Listing Rules.

The Board would like to express its warmest welcome to Mr. Chan for joining the Board.

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COMPLIANCE WITH THE GEM LISTING RULES

Reference is made to the announcement of the Company dated 13 April 2026 in relation to, inter alias, passing away of an independent non-executive Director. Following the appointment of Mr. Chan as an independent non-executive Director and a member of the Audit Committee, the Board comprises of six Directors, of which three are executive Directors and three are independent non-executive Directors, the Audit Committee comprises of three members of which all members are independent non-executive Directors, the Company has complied with the requirements under Rules 5.05(1) and 5.28 of the GEM Listing Rules.

By Order of the Board
VSING Limited
NGU Sing King
Chairman

Hong Kong, 22 April 2026

As at the date of this announcement, the executive Directors are Mr. NGU Sing King (Chairman), Mr. LAI Kwok Hei and Mr. CHAN Kin Ho Philip; and the independent non-executive Directors are Ms. WONG Hoi Yan Audrey, Ms. CHEUNG Choi Hung and Mr. CHAN Ho Choi, Henry.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Listed Company Information" page of the Stock Exchange website at http://www.hkexnews.hk for a minimum period of seven days from the date of its publication and on the Company's website at http://www.worldgate.com.hk.