The board of directors of Genes Tech Group Holdings Company Limited announced that Mr. Hsiao Hsi-Mao (Mr. Hsiao) has tendered his resignation as an executive director of the Company with effect from 30 June 2024 due to his retirement. Mr. Hsiao has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Chiang Ting-Kuo (Mr. Chiang) has been appointed as an
executive director of the Company with effect from 1 July 2024. Mr. Chiang, aged 53, is currently the President of GAT Asset Taiwan Co Ltd. (GAT Asset) since September 2011. GAT Asset is a company focuses on semiconductor asset manager and equipment leasing and equipment remarketing. From July 1995 to February 2003, Mr. Chiang worked in Lam Research Co. Ltd. (Lam Research) as a Filed Service Section Manager from July 1995 to March 2000 in the Hsinchu branch and as a Senior Sales Manager from July 1998 to February 2003 in the Tainan branch responsible for business promotion and also responsible for customer machine maintenance. Lam Research principally engaged in the business of semiconductor etching machine manufacturing and trading. From April 2003 to March 2011, he worked in Macquarie Asia PTE Ltd. -- Taiwan Branch (Macquarie) as Director of Sales -- Asia mainly to support customer to management
operation risk. Macquarie focuses on semiconductor equipment leasing, assisting customers in handling idle equipment and used equipment sale. Mr. Chiang graduated from National Taiwan Ocean University in Taiwan with a Bachelor of Science degree in Electrical Engineering in June 1993. Mr. Chiang shall hold office until the next general meeting of the Company following his
appointment and shall then be eligible for re-election at that meeting in accordance with the articles of association of the Company (the Articles), and is subject to the provisions on retirement by rotation and re-election of directors in accordance with the Articles.