Phoenix Overseas Limited — Important, 21-03-2025: Updates

Independent Directors of Phoenix Overseas Limited are set to convene on March 28, 2025, for a crucial meeting. The agenda includes reviewing the performance of non-independent Directors and the Board collectively, as well as evaluating the Chairman's effectiveness based on feedback from both executive and non-executive Directors. Additionally, the Directors will assess the quality, quantity, and timeliness of information flow between the Company’s management and the Board. These evaluations are essential for ensuring effective governance and enhancing the Board's operational efficiency. Stakeholders should watch closely as these discussions could influence future corporate strategies and alignments.