Silver Tide Holdings Limited announced that Mr. Xu Da has resigned as an independent non-executive Director with effect from 13 December 2023 to pursue other business commitments. After his resignation becomes effective, Mr. Xu would also cease to be the chairman of the remuneration committee of the Company and a member of the nomination committee of the Company. Following the resignation of Mr. Xu, the Board announced that Mr. An Wen Long has been appointed as an independent non-executive Director; the chairman of the Remuneration Committee and a member of the Nomination Committee with effect from 13 December 2023.

The biographical particulars of Mr. An are as follows: Mr. An Wen Long Mr. An Wen Long, aged 40, has been working in Mutualwell Incorporated as a managing director of North America since March 2016. Previously, Mr. An worked in Pacific Construction Group Company Limited from June 2010 to October 2015 as a vice general manager of the financial investment department, Vanpeople Network Ltd. from February 2008 to September 2011 as a director of investment department and Raydwell Consulting Inc. as observer from January 2007 to January 2008. Mr. An obtained a bachelor's degree in business administration from The Beedie School of Business at Simon Fraser University in December 2006.