• Independent director Yiu Wai Ming will step down effective Aug. 31, 2026.
• Yiu will also leave the compensation committee chair role, plus audit committee, nominating committee posts.
• Board size will drop to five directors as of Aug. 31.
• Kwok Ho Pan will take over as compensation committee chair effective Aug. 31.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Happy City Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-095343), on August 31, 2026, and is solely responsible for the information contained therein.