EPI (Holdings) Limited announced that with effect from 18 April 2024, Mr. Kwong Tin Lap ("Mr. Kwong") resigned as Independent Non-executive Director of the Company as he needs to devote more time to his other business engagements, and Mr. Khoo Wun Fat, William ("Mr. Khoo") has been appointed as Independent Non-executive Director of the Company. Mr. Kwong confirmed that there is no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). Mr. Khoo, aged 43, holds a Bachelor of Science degree from The Chinese University of Hong Kong, and a Bachelor of Laws degree and a Postgraduate Certificate in Laws from the City University of Hong Kong.

He was admitted as a practising solicitor of Hong Kong in 2009. Mr. Khoo is a partner of Khoo & Co., a law firm specialising in corporate finance and Commercial practice. In addition, he is the chairman of the Standing Committee of the Convocation of the City University of Hong Kong ("City University"), a council member of the City University, the company secretary of China Regenerative Medicine International Limited a company listed on the GEM of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), and the company secretary of the Alumni Association of Raimondi College Hong Kong.

Mr. Khoo has extensive experience in the legal industry. Mr. Khoo was an independent non-executive director of Zhejiang New Century Hotel Management Co. Ltd. ("Zhejiang New Century") until 24 May 2021.

The H shares of Zhejiang New Century were delisted from the Main Board of Hong Kong Stock Exchange from 24 May 2021. He was also an independent non-executive director of Fameglow Holdings Limited a company listed on the GEM of the Hong Kong Stock Exchange, until 1 December 2021. The Board also announces that with effect from 18 April 2024: (i) following the resignation of Mr. Kwong as Independent Non-executive Director of the Company, Mr. Kwong ceased to be the Chairman of the Corporate Governance Committee and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and (ii) following the appointment of Mr. Khoo as Independent Non-executive Director of the Company, Mr. Khoo has been appointed as the Chairman of the Corporate Governance Committee and a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee.