Company: GLXG
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001213900-25-102144
Chunk: 227

Company: Galaxy Payroll Group Ltd
Filing Date: 2025-10-24
Form: 20-F
Item: Item 16F
Chunk 227
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Item
16F. Change in Registrant’s Certifying Accountant.

On
May 12, 2025, the Board of Directors (the “ Board”) of Galaxy Payroll Group Limited (the “ Company”), upon recommendation
of the Audit Committee of the Board (the “ Audit Committee”), approved the dismissal of Marcum Asia CPAs LLP (the “ Former
Auditor”) as the Company’s independent registered public accounting firm, effective immediately. Simultaneously, the Board,
upon recommendation by the Audit Committee, appointed Guangdong Prouden CPAs GP (the “ New Auditor”) as the Company’s
independent registered public accounting firm, effective May 12, 2025.

The
principal accountant’s report of the Former Auditor on the financial statements of the Company as of and for the fiscal years ended
June 30, 2023 and 2024 did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty,
audit scope or accounting principles, as defined in Item 16F(a)(1)(ii) of Form 20-F. The Former Auditor was engaged since February
10, 2023.

During
the fiscal years ended June 30, 2023 and 2024, and the subsequent interim period through May 12, 2025, (1) there were no “disagreements”
(as described in Item 16F(a)(1)(iv) of Form 20-F and the related instructions) between the Company and the Former Auditor on any matter
of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved
to the Former Auditor’s satisfaction, would have caused the Former Auditor to make reference to the subject matter of the disagreement(s)
in connection with its report to the subject matter of the disagreement; and (2) there were no “reportable events” of the
type described in Item 16F(a)(1)(v) of Form 20-F other than: the material weaknesses reported in our 2024 annual report on Form 20-F
filed with the U. S. Securities and Exchange of Commission (the “ SEC”) on November 8, 2024, specifically, the material weaknesses
identified related to i) inadequate segregation of duties for certain key functions due to limited staff and resources; ii) a lack of
sufficient financial reporting and accounting personnel with appropriate knowledge of U. S. GAAP and SEC reporting requirements to formalize