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Proposed Appointment of New Director

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Jade Road Investments Limited announced on November 3, 2025, that Ali Shekofti will no longer be joining the board. This decision follows NOIA's revised intention to not transfer 50% of the Subscription Shares to Accrete Capital SPV, which was previously announced on October 10, 2025. Consequently, the proposed appointment of Mr. Shekofti as a director is now withdrawn.

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Reference is made to the announcement of the Company dated 10 October 2025 in relation to the Circular and the Notice of General Meeting.

The Company announces that NOIA no longer intends to transfer 50% of the Subscription Shares to Accrete Capital SPV and that, as a result, Mr Ali Shekofti will no longer be joining the board JADE.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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