Gain Plus Holdings Limited announced with sorrow that Mr. Chung Dan (former name, Mr. Chung Ching Man) ("Mr. Chung"), an independent non-executive Director and a member of the audit committee of the Company, passed away on 7 April 2023 due to illness. The late Mr. Chung had served the Board as an independent non-executive Director since January 2022. The Board would like to express its sincere gratitude to the late Mr. Chung for his valuable contributions to the Company during his tenure.

Following the passing away of Mr. Chung, the Board comprises four Directors, including two executive Directors and two independent non-executive Directors. The Company currently does not meet (i) the minimum number of independent non-executive directors required under Rule 3.10(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"); and (ii) the minimum number of members in the audit committee required under Rule 3.21 of the Listing Rules and the terms of reference of the audit committee of the Company.