Phoenix Overseas Limited — Important, 28-03-2025: Updates

The Independent Directors of Phoenix Overseas Limited held a meeting to assess the performance of the Board and its non-independent Directors, as well as the Chairman. They reviewed the quality and timeliness of information provided by management essential for effective decision-making. This meeting is crucial for ensuring governance standards and improving board performance, potentially enhancing strategic oversight. Investors should consider the implications of such evaluations on the company's leadership effectiveness and overall governance structure, which can positively influence investor confidence and future performance.