The board of directors of Superland Group Holdings Limited announced that with effect from 17 October 2023, Mr. Yip Chun On has resigned as an independent non-executive Director, the Chairman of the audit committee and a member of each of the remuneration committee and nomination committee of the Company, as he would like to devote more time to his personal engagements. Mr. Yip Chun On will no longer hold any position in the Company and its subsidiaries. The Board announced that with effect from 17 October 2023, Mr. Yip Kit Chau has been appointed as an independent non-executive Director.

Mr. Yip Kit Chau, aged 38, graduated from The Hong Kong Polytechnic University with a Bachelor Degree of Business Administration (Accounting and Finance) and has extensive experience in accounting, auditing and financial management. Since November 2022, Mr. Yip Kit Chau has been serving as chief financial officer and company secretary of FSM Holdings Limited, a company listed on the Main Board of the Stock Exchange (stock code: 1721). From August 2021 to October 2022, Mr. Yip Kit Chau served as group financial controller of a non-public multinational apparel manufacturing company.

From April 2020 to July 2021, Mr. Yip Kit Chau has served as financial controller of a non-public multinational electronics manufacturing company. From September 2008 to March 2020, Mr. Yip Kit Chau worked at PricewaterhouseCoopers with his final position as senior manager in audit and assurance services. Mr. Yip Kit Chau is a fellow member of the Hong Kong Institute of Certified Public Accountants.

Upon the resignation of Mr. Yip Chun On, he has ceased to be the Chairman of the audit committee and a member of each of the remuneration committee and nomination committee of the Company. Mr. Yip Kit Chau has been appointed as the Chairman of the audit committee and a member of each of the remuneration committee and nomination committee of the Company with effect from 17 October 2023.