The board of the directors of the Company announced that Mr. Chiam Soon Chian (Zhan Shunquan) ("Mr. Chiam") has resigned from his office as an independent non-executive Director, the chairman of the audit committee of the Board (the "Audit Committee"), the member of each of the nomination committee of the Board (the "Nomination Committee") and the remuneration committee of the Board (the "Remuneration Committee") with effect from 23 December 2021 in order to pursue other work and business commitments. Mr. Chiam confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders") and The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announced that Mr. Lui Kwun Yuen ("Mr. Lui") has been appointed as an independent non-executive Director with effect from 23 December 2021. Mr. Lui, aged 53, has over 24 years of experience in architecture industry. From 2001 to 2 008, he was an Associate of Wong Tung International Limited. From 2008 to 2009, he was an Associate of Woods Bagot International Limited. From 2009 to 2019, he was an Associate Director of AGC Design Limited. Following the resignation of Mr. Chiam, the Board also announces that with effect from 23 December 2021: 1. Mr. Lui has been appointed as a member of the Remuneration Committee; and 2. Mr. Tong Wing Chi, the independent non-executive Director, has been appointed as the chairman of the Audit Committee.