Ho Kin Wai Increases Stake in Primech Holdings Ltd

Ho Kin Wai, CEO and Director of Primech Holdings Ltd., has increased his beneficial ownership of the company's Ordinary Shares and Class B Preference Shares. As of March 27, 2026, Mr. Ho beneficially owns 20,255,731 Ordinary Shares and 3,000,000 Class B Preference Shares, representing approximately 48.91% of the outstanding shares. This increase in ownership is attributed to recent share allotments and transfers, including the acquisition of 1,500,000 Ordinary Shares by Sapphire Universe Holdings Limited, an entity controlled by Mr. Ho. The Class B Preference Shares are convertible into Ordinary Shares on a one-for-one basis and carry ten votes per share, while Ordinary Shares carry one vote per share. Mr. Ho has not engaged in any transactions regarding the Issuer's Ordinary Shares in the sixty days prior to this filing, nor does he have any present plans to influence the management or board of directors beyond his current holdings.