MPS Limited — Important, 18-07-2025: Updates

MPSLTD has responded to a fine from stock exchanges regarding its Nomination and Remuneration Committee (NRC) composition. The company clarified it was a temporary gap when independent directors' terms concluded, not a compliance breach. They emphasized the NRC remained functional and was promptly reconstituted. MPSLTD notes specific rules requiring committee vacancies to be filled within defined timelines were introduced only *after* this temporary period. The company maintains its original stance on the issue, defending its position against the imposed fine.