Chu Kong Shipping Enterprises (Group) Company Limited announced supplemental details to its AGM Circular dated 28 April 2026, focusing on the proposed re-appointment of KPMG as external auditor.

KPMG will retire and, being eligible, offer itself for re-appointment at the upcoming AGM. The Board—acting on the Audit Committee’s recommendation—will seek shareholder approval to re-appoint KPMG from the conclusion of the AGM until the next annual general meeting and to authorise the Board to fix the auditor’s remuneration.

The estimated audit fee for KPMG to examine the Group’s consolidated financial statements for the year ending 31 December 2026 is projected at HK$2.80 million to HK$3.10 million, exclusive of out-of-pocket expenses. The fee was determined after arm’s-length negotiations, considering historical audit costs, prevailing market rates, the Group’s operational complexity and business plans, the audit scope and timetable, and the resources required.

Management noted that the estimate assumes no material changes in the Group’s operations, accounting policies, or regulatory environment, and that the Company will provide timely and adequate information during the audit. Given KPMG’s familiarity with the Group’s financial affairs, the Board believes the proposed fee is fair, reasonable and conducive to audit efficiency.

If the underlying assumptions remain stable, the final audit fee should align with the disclosed estimate; any material deviation will be disclosed in due course. Other information in the AGM Circular remains unchanged.