The board of directors of ITE (Holdings) Limited announced that Mr. Yeung Kin Hing ("Mr. Yeung") has been appointed as an independent non-executive Director and a member of each of the audit committee (the "Audit Committee"), remuneration committee and nomination committee of the Company with effect from 1 March 2023. The biographical details of Mr. Yeung are set out below: Mr. Yeung, aged 63, holds a Honours Diploma in communications from The Hong Kong Baptist College (now University) and a Master of Arts in International Relations from the Australian National University. He formerly worked with the South China Morning Post from 1984 to 2009, the Hong Kong Economic Journal from 2009 to 2014 and the CitizenNews from 2016 to 2022.

He is currently a part-time lecturer at the Hong Kong Shue Yan University. Apart from being an independent non-executive Director during the period from 1 August 2020 to 3 August 2020, Mr. Yeung has not held any other directorship in any listed public companies in the last three years and does not have any relationship with other directors, senior management, substantial or controlling shareholders of the Company. As at the date of this announcement, Mr. Yeung does not have any interest or short position in the shares, underlying shares and/or debentures of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Following the appointment of Mr. Yeung with effect from 1 March 2023, both the Board and the Audit Committee will comprise three independent non-executive Directors that will comply with Rules 5.05 and 5.28 of the GEM Listing Rules.