Fenbi Ltd. disclosed an updated governance structure, outlining the full composition of its six-member Board and the corresponding assignments across three core committees.

Board Composition • Executive Director: Ms. Sheng Haiyan (Chairlady) • Non-executive Directors: Mr. Wu Zhenggao, Mr. Wei Liang • Independent Non-executive Directors: Mr. Qiu Dongxiao Larry, Mr. Yuen Kai Yiu Kelvin, Ms. Yuan Jia

Committee Structure Audit Committee – Chairperson: Mr. Yuen Kai Yiu Kelvin – Members: Mr. Qiu Dongxiao Larry, Ms. Yuan Jia

Remuneration Committee – Chairperson: Mr. Qiu Dongxiao Larry – Members: Mr. Yuen Kai Yiu Kelvin, Ms. Yuan Jia

Nomination Committee – Chairperson: Ms. Sheng Haiyan – Members: Mr. Qiu Dongxiao Larry, Mr. Yuen Kai Yiu Kelvin, Ms. Yuan Jia

Key Takeaways 1. Independent directors hold all chair positions on the Audit and Remuneration Committees, underscoring adherence to corporate governance best practices. 2. Chairlady Sheng Haiyan leads the Nomination Committee, aligning executive oversight with director succession planning. 3. Each independent director serves on all three committees, reinforcing external oversight across audit, compensation, and nomination functions.

The updated appointments were issued in Hong Kong on 21 August 2026.