Top Education Group announces director, remuneration, and share mandate changes

Top Education Group Ltd. announced several key changes and proposals ahead of its annual general meeting (AGM) on Thursday, November 27, 2025. The company will propose the re-election of Dr. Rongning Xu, Mr. Tianye Wang, and professor Dominic Robert Beresford Verity as directors. However, the nomination committee recommended that Mr. Yi Dai not be re-elected due to less substantial overall involvement and contributions compared to other directors. The annual NED remuneration cap for non-executive directors for the financial year ending June 30, 2026, is proposed to be set at A$850,000, an increase from the A$629,000 paid in FY2025.

Additionally, Top Education Group seeks shareholder approval for general mandates to repurchase up to 217,168,600 shares (10% of issued shares) and to issue up to 434,337,200 shares (20% of issued shares). The company also reported a share buy-back of 264,708,000 shares in July 2025 at HK$0.0425 per share, which were subsequently canceled. The company's Australian registered office, principal place of business, head office, and principal share registrar changed to Level 1, Bay 3, 2 Locomotive Street, Eveleigh NSW 2015, Australia, effective November 1, 2025.