Times Universal Group Holdings Limited announced that with effect from March 31, 2022 Ms. Yeung So Mui (Ms. Yeung) has resigned from her position as co-chairman
and executive Director of the Group in order to devote more time to personal
endeavours; Mr. Ng Kwai Wah Sunny (Mr. Ng) has resigned from his position as executive
Director of the Group in order to devote more time to personal endeavours; and Mr. Ting Wong Kacee resigned as an independent non-executive Director and cease to be the chairman of the remuneration committee, member of the audit committee and nomination
committee of the Board, in order to devote more time to his other personal commitments.