The board (Board) of directors (Director(s)) of Hope Life International Holdings Limited announced that Ms. XIE Yanbin (Ms. Xie) has resigned as an independent non-executive Director, and a member of each of the audit committee (Audit Committee) of the Company and the remuneration committee (Remuneration Committee) of the Company with effect from 11 October 2022 (Resignation), due to her other business commitments. Ms. Xie confirmed that she has no disagreement with the Board and there are no other matters in relation to her Resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (Stock Exchange) and/or the shareholders of the Company (Shareholders). Following the resignation of Ms. Xie, Ms. ZHAO Hongqin ("Ms. Zhao") has been appointed as (i) an independent non-executive Director; (ii) a member of the Audit Committee; and (iii) a member of the Remuneration Committee, with effect from 11 October 2022.

The biographical details of Ms. Zhao are set out as follows: Ms. Zhao, aged 51, obtained a bachelor degree in accounting from Anhui University in China. Ms. Zhao has over 25 years of experience in financial reporting and investment analysis. Ms. Zhao has entered into a letter of appointment with the Company for a term of three years and is subject to retirement by rotation and re-election in accordance with the articles of association of the Company and the Rules (the "Listing Rules") Governing the Listing of Securities on the Stock Exchange.