CNC Holdings Limited (the Company) announced that Mr. Wong Chung Yip, Kenneth (Mr. Wong) has tendered his resignation as an independent non-executive Director, the chairman and a member of audit committee (the Audit Committee) of the Company and a member of each of nomination committee (the Nomination Committee), remuneration committee (the Remuneration Committee) and risk management committee (the Risk Management Committee) of the Company, all with effect from 14 October 2022 due to his other business commitments which require more of his attention and dedication (the Resignations). Mr. Wong has confirmed to the Board that he has no disagreement with the Board and that there is no other matter in relation to the Resignations that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the Stock Exchange) or the shareholders of the Company.