The board of the directors of Superland Group Holdings Limited announced that with effect from 1 September 2020, Ms. Ho Nga Ling has been appointed as an executive Director. The biographical details of Ms. Ho are set out below: Ms. Ho, aged 42, has substantial experience in providing financial and commercial real estate advisory services. She has been a director of ELN Ventures Limited since May 2020, China Real Estate Chamber of Commerce Hong Kong and International Chapter Limited since December 2013, and Prosperfect Finance Advisor (Hong Kong) Company Limited since January 2013. Ms. Ho was a director of Enlightenment of Leadership Training Association Limited a private company incorporated in Hong Kong Special Administrative Region of the People's Republic of China where its principal activity was provision of training. Enlightenment of Leadership was not carrying on business and was struck off and dissolved by the Registrar of Companies in Hong Kong on 10 June 2011 under section 291 of the Companies Ordinance then in force. Ms. Ho has confirmed that there was no wrongful act on her part leading to the dissolution and struck off of Enlightenment of Leadership, and she is not aware of any actual or potential claim which had been or will be made against her as a result of the dissolution. Ms. Ho obtained her Bachelor of Science from Purdue University of United States in December 2002. Ms. Ho shall hold office until the next following general meeting of the Company and if reelected by the shareholders of the Company thereat, will be subject to retirement by rotation and re-election at annual general meeting of the Company at least once every three years in accordance with the articles of association of the Company and the Corporate Governance Code set out in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. A service contract has been entered into between the Company and Ms. Ho for a period of two years commencing on 1 September 2020. Pursuant to the said service contract, Ms. Ho is entitled to a monthly salary of HKD100,000 for the first year commencing on 1 September 2020, and HKD 130,000 for the second year commencing on 1 September 2021, and discretionary bonus, which has been determined by the Board upon the recommendation of the remuneration committee of the Company by reference to her qualifications, experience and responsibilities in the Company and the prevailing market conditions and is subject to an annual review.