The Board of Directors of Hao Bai International (Cayman) Limited announced that with effect from 5 October 2022 Mr. Nam Ho Kwan has resigned as an executive director and the chairman of the Board and ceased to be chairman of the nomination committee of the Company with effect from 5 October 2022 as he would like to devote more time on his other business commitments. The Board announces that it has resolved to appoint Ms. Wong Wing Hung to fill the casual vacancy as a result of the resignation of Mr. Nam as chairman of the Board and chairman of the Nomination Committee with effect from 5 October 2022. Ms. Wong Wing Hung, aged 49, was appointed as an executive director and compliance officer of the Company in June 2016.

Ms. Wong has over 20 years of experience in project tendering, accounting and administration. Ms. Wong obtained a Bachelor degree in Business Administration from the Open University of Hong Kong in June 2003 and has also completed "ISO 9000:2000 Internal Auditor Training Course" organised by Hong Kong Quality Assurance Agency in November 2001. Ms. Wong has not held any other directorships in any other listed public companies in the last three years as at the date of this announcement.