The board of directors of Yuk Wing Group Holdings Limited announced that with effect from 31 January 2024: Mr. Lau Leong Yuen (Mr. Lau) has tendered his resignation as an independent non-executive Director, the chairman of the nomination committee (the Nomination Committee), and a member of the audit and compliance committee (the Audit Committee) and the remuneration committee (the Remuneration Committee) of the Company; and Ms. Lam Hoi Yu Nicki (Ms. Lam) has tendered her resignation as an independent non-executive Director, the chairman of the Remuneration Committee, and a member of the Audit Committee and the Nomination Committee of the Company. Each of Mr. Lau and Ms. Lam has confirmed that (i) he/she has resigned from the Company due to his/her other career commitments which requires more of his/her attention and dedication; he/she has no disagreement with the Board; and there is no matter in relation to their resignations that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Yiu To Wa (Mr. Yiu) has been re-designated from the chairman of the Audit Committee to a member of the Audit Committee with effect from 31 January 2024.

He remains as a member of the Nomination Committee and the Remuneration Committee. The Board announced that with effect from 31 January 2024: Mr. Cheung Sze Ming (Mr. Cheung) has been appointed as an independent non-executive Director, the chairman of the Nomination Committee and the Remuneration Committee, and a member of the Audit Committee; and Mr. Wong Siu Keung Joe (Mr. Wong) has been appointed as an independent non-executive Director, the chairman of the Audit Committee, and a member of the Nomination Committee and the Remuneration Committee, Mr. Cheung, aged 54, has over 20 years of working experience in an international audit firm and public listed companies. Mr. Cheung holds a Bachelor's Degree in Accountancy from the Hong Kong Polytechnic University.

He is also a fellow member of the Association of Chartered Certified Accountants and a member of the Hong Kong Institute of Certified Public Accountants. Mr. Cheung is currently an executive director, the chief financial officer and the company secretary of Far East Holdings International Limited and Affluent Partners Holdings Limited, and an independent non-executive director of Great Wall Terroir Holdings Limited, both companies whose shares are listed on the Main Board of the Stock Exchange. He is also an independent non-executive director of Ocean Line Port Development Limited, a company listed on the GEM of the Stock Exchange.

Mr. Wong, aged 59, holds a Degree of Master of Arts in International Accounting from City University of Hong Kong and a Master's Degree of Corporate Governance from Hong Kong Polytechnic University. He is an associate member of Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Wong has extensive experience in taxation, accounting, financing, audit field and public listed companies for many years.

Mr. Wong is currently an executive Director of DeTai New Energy Group Limited, and an independent non-executive director of China Water Industry Group Limited and Affluent Partners Holdings Limited, both companies whose shares are listed on the Main Board of the Stock Exchange. He is also an independent non-executive director of Hang Tai Yue Group Holdings Limited, a company listed on the GEM of the Stock Exchange. Mr. Wong was an independent non-executive director of Worldgate Global Logistics Ltd. from June 2016 to June 2023, a company listed on the GEM of the Stock Exchange.