Green Build Technology Limited announced that in mid July 2022, Ms. Wu Xueying had indicated her intention to resign as Chief Executive Officer of the Company ("CEO") because of health reasons, and to focus on her daughter. The Board of Directors requested for Ms. Wu to reconsider her resignation, to which she agreed to take some time to deliberate. In early August 2022, Ms .Wu was hospitalised due to paroxysmal chest tightness and heart palpitations.

She was advised by the doctor to be hospitalized so that her health can be properly looked into. In light of her medical issues, Ms. Wu reiterated her request to resign, and requested for a shorter notice period. In consideration of Ms. Wu's health condition, the Board agreed to her resignation as CEO and to shorten her notice period, during which the Executive Directors and Ms. Wu are to ensure that a proper handover was carried out.

In the interim, while the Company searches for a suitable candidate to assume the role of CEO, the management of the group's subsidiaries in the People s Republic of China reporting to the CEO shall report to the Executive Directors of the Company.