Nameson Holdings appoints KPMG as auditor, independent director to retire

Nameson Holdings Limited announced that PricewaterhouseCoopers (PwC) will not seek re-appointment as auditors due to an inability to reach a consensus on remuneration for the financial year ending March 31, 2026. Following an assessment, the board proposes to appoint KPMG as the new auditors, effective from the conclusion of the upcoming annual general meeting (AGM) on September 29, 2025. PwC has not issued any confirmation regarding circumstances connected with their retirement.

Concurrently, Mr. Kan Chung Nin, Tony, an independent non-executive director, will retire at the same AGM to dedicate more time to other commitments. He will also step down as chairman of the remuneration committee and a member of the audit and nomination committees.

To fill the vacancy, the board proposes to appoint Mr. Sun Po Yuen as an independent non-executive director, subject to shareholder approval at the AGM. Mr. Sun, a former PwC partner, will assume Mr. Kan's roles as chairman of the remuneration committee and a member of the audit and nomination committees, and will receive an annual director's fee of HK$360,000.