NEW SILKROAD (Stock Code: 00472) reported simultaneous changes to its executive board, effective 19 May 2026.

Key Developments 1. Resignations: Executive Directors Mr. Liu Huaming and Ms. Qiu Xuan have stepped down to focus on other commitments. Both confirmed no disagreement with the Board and no matters requiring shareholder attention. 2. Appointment: Ms. Wu Xuan, aged 37, joins the Board as an Executive Director.

Ms. Wu Xuan’s Profile • Education: Master’s in Finance, The Chinese University of Hong Kong. • Current Role: Head of M&A Financing, Investment Banking Division, Guosheng Securities Inc. (XSHE: 002670). • Experience: Extensive background in capital markets, covering M&A, equity financing, corporate restructuring, and IPO advisory. • Service Terms: Three-year contract; either party may terminate with one-month written notice. Annual emolument is HK$0.12 million, set by the Board on remuneration committee advice. • Compliance: Holds no shares in NEW SILKROAD under Part XV of the Securities and Futures Ordinance and has no related-party connections with the Group.

Updated Board Composition • Executive Directors: Mr. Wang Gengyu (Chairman & CEO), Mr. Hang Guanyu, Mr. Shen Yang, Ms. Wu Xuan. • Independent Non-Executive Directors: Mr. Ting Leung Huel, Stephen; Mr. Chow On Kiu; Prof. Richard Gerardus Franciscus Visser; Dr. Tsai Cheng Chieh.

The Board expressed gratitude to the departing executives for their contributions and welcomed Ms. Wu to support the Group’s strategic development and capital planning.