Teamway International Group Holdings Limited announced that Mr. Poon Lai Yin Michael has resigned as an independent non-executive Director of the Company and will cease to be the chairman of audit committee and nomination committee, a member of remuneration committee in order to devote more time to his other business engagements with effect from 1 November 2023. Mr. Poon has confirmed that he has no disagreement with the Board and there is no other matter that is required to be brought to the attention of the shareholders of the Company and/or The Stock Exchange of Hong Kong Limited . Following the Resignation of Mr. Poon, the Board announces that Mr. Tsang Hing Bun, an existing independent non-executor Director, has been appointed as the chairman of the audit committee with effect from 1 November 2023.

Mr. Tsang will remain as the chairman of the remuneration committee and a member of the nomination committee.