The board of Silver Base Group Holdings Limited announced that Dr. Lee Kwok Keung Edward has been appointed as an independent non-executive Director, a member of the audit committee, remuneration committee, compliance committee and nomination committee of the company with effect from 24 June 2014. Dr. Lee is the founder and the chairman of Nuovo Collection Hong Kong Limited. Dr. Lee has entered into a service contract with the company for a term of three years, commencing from 24 June 2014.

He will hold office until the forthcoming general meeting of the Company after his appointment and will be subject to the retirement by rotation and re-election in accordance with the articles of association of the Company and the Corporate Governance Code and Corporate Governance Report.