MicroTech Medical (Hangzhou) Co., Ltd. at its Extraordinary General Meeting held on December 7, 2022, announced Dr. Cheng Hua was appointed as independent non-executive Director of the first session of the Board. The appointment of Dr. Cheng shall come into effect immediately after the conclusion of the EGM and until the expiry of the term of the first session of the Board (i.e. three years from October 30, 2020). Ms. Gao Jian (" Ms. Gao") ceased to be an independent non-executive Director, the chairman of the Audit Committee and a member of the Nomination Committee upon conclusion of the EGM.

Ms. Gao has confirmed 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 Shareholders or the Stock Exchange. In place of Ms. Gao's positions as the chairman to the Audit Committee and a member to the Nomination Committee, with effect from the conclusion of the EGM, (i) Mr. Ho Kin Cheong Kelvin has been appointed as the chairman to the Audit Committee, (ii) Ms. Wang Chunfeng has been appointed as a member of the Audit Committee, and (iii) Dr. Cheng has been appointed as a member of the Nomination Committee.