The board of directors of TOM Group Limited announced the changes in directorship and composition of the Audit Committee and the Remuneration Committee. Due to personal reasons, Mr. Cheong Ying Chew, Henry will resign as an Independent Non-Executive Director, the Chairman of the Audit Committee and the Chairman of the Remuneration Committee of the Company with effect from 31 December 2019. Mr. Ip Yuk-keung, Albert, an Independent Non-Executive Director of the Company, will be appointed as the Chairman of the Audit Committee of the Company with effect from 31 December 2019. Dr. Fong Chi Wai, Alex will be appointed as an Independent Non-Executive Director, a member of the Audit Committee and the Chairman of the Remuneration Committee of the Company with effect from 31 December 2019. Dr. Fong is currently a director of HK Electric Investments Manager Limited and a director of The Hongkong Electric Company, Limited. Dr. Fong has been an independent non-executive director of Glory Mark Hi-Tech (Holdings) Limited.