Nature Wood Shareholders Approve Company's Name Be Changed From Nature Wood Group Limited To CL Workshop Group Limited

Nature Wood Group Limited (NASDAQ:NWGL) (the "Company"), a global leading vertically-integrated forestry company headquartered in Macau, today announced that it held its Annual General Meeting of Shareholders (the "2025 AGM") on December 16, 2025. Each of the proposals submitted to the shareholders for approval at the 2025 AGM has been approved..

The shareholders of the Company passed and approved the following proposals:

Proposal No. 1:

The Company's name be changed from "Nature Wood Group Limited" to "CL Workshop Group Limited" and the Company's foreign name be changed from "大自然林業集團有限公司" to "刺梨工坊公司".

Proposal No. 2:

Share Reorganisation: The shares of the Company be redesignated and reclassified from ordinary shares of a single class to Class A ordinary shares and Class B ordinary shares.

Proposal No. 3:

The second amended and restated memorandum and articles of association of the Company be adopted.