The board of Madison Holdings Group Limited announces that Mr. Young Ho Kee Bernard ("Mr. Young") has tendered his resignation as the company secretary of the Company and ceased to act as the authorised representative of the Company pursuant to Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the authorised representative of the Company for the acceptance of service of process or notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Authorised Representative") respectively with effect from 8 November 2021. Immediately after the abovementioned resignation and cessations of Mr. Young, the Board announce that Ms. Choi Yin Ying ("Ms. Choi") has been appointed as the Company Secretary and the Authorised Representative with effect from 8 November 2021.