Space Group Holdings Limited announced that Mr. Ho Kwong Yu has tendered his resignation as an executive Director, a member of the remuneration committee of the Company and an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited, and an authorized representative of the Company for accepting service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 21 June 2024 due to his intention to devote more time on other business engagements. Mr. Ho has confirmed that he has no disagreement with the Board and that there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange.