The board of directors of TOMO Holdings Limited announced that with effect from 1 February 2023, Mr. Wang Zhongmin (Mr. Wang) has resigned as an independent non-executive Director and a member of the each of the audit committee (Audit committee), nomination committee (Nomination committee) and remuneration committee (Remuneration committee) of the Company to pursue his personal endeavors. Mr. Wang has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the Stock Exchange) and/or the shareholders of the Company (the Shareholders). The Board announced that, with effect from 1 February 2023, Mr. Peng Peng who is currently an independent non-executive Director and a member of each of the Nomination committee and Remuneration committee of the Company, has been appointed as a member of the Audit committee of the Company.

The Board also announced that, with effect from 1 February 2023, Ms. Chen Jun has been appointed as a non-executive Director of the Company. Ms. Chen Jun (Ms. Chen), aged 48, is currently the general manager of Shenzhen Changbaishan Tourism Cultural Management Limited .Ms. Chen has been appointed as an executive director of Carry Wealth Holdings Limited with the effective date of 1 February 2023. Prior to that, Ms. Chen was the regional manager of Shenzhen Win-Win Business Travel Business Consulting Co.

Ltd. from February 2005 to October 2010. Ms. Chen received a bachelor's degree in Administration Management from the Wuhan University in December 2015 and has accumulated extensive experience in sales and marketing and corporate management.