The board of directors of Carry Wealth Holdings Limited announced that, with effect from 3 January 2024, Mr. Peng Peng has resigned as an independent non-executive Director, the chairman of the nomination committee of the Board and a member of each of the remuneration committee and the audit committee of the Board due to his personal reason. Following the Resignation, the Board is pleased to appoint Mr. Lam Chi Wing as an independent non-executive Director, the chairman of the Nomination Committee and a member of each of the Remuneration Committee and the Audit Committee with effect from 3 January 2024. Mr. Lam, aged 44, obtained a bachelor of business administration in accounting and finance degree from The University of Hong Kong in December 2003, a master of science in knowledge management degree from The Hong Kong Polytechnic University in December 2006 and a master of business administration degree from The Chinese University of Hong Kong in December 2010.

He is currently a postgraduate of the Executive Master in Public Administration Hong Kong Administrative Talents Program conducted by the School of Public Policy & Management at Tsinghua University. Mr. Lam joined Li & Fung Group in September 2003, where he served as the group chief representative and general manager of Southern China of Li & Fung Development (China) Limited prior to his departure in July 2015. From June 2020 to December 2020, he was an executive director of Bonjour Holdings Limited.

Mr. Lam has been a deputy to the 14th National People's Congress, a member of each of the 12th and 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conferenceand a member of each of the 11th and 12th Zhongshan Municipal Committee of the Chinese People's Political Consultative Conference. Mr. Lam is currently a vice-chairman of each of the Hong Kong Guangdong Youth Association, the council of the Guangdong Society of Commercial Economythe Council for the Promotion of Guangdong-HongKong-Macao Cooperationand the Federation of Hong Kong ZhongShan Community organizations Limited. He is also currently an adjunct associate professor of the department of information systems, business statistics and operations management of the Business School of The Hong Kong University of Science and Technology, and co-director and an adjunct professor of the Center of Innovation, Design and Entrepreneurship of the School of Management and Economics of The Chinese University of Hong Kong, Shenzhen.

Mr. Lam served as a part-time member of the Central Policy Unit of the Government of the Hong Kong Special Administrative Region from 2011 to 2012. Mr. Lam served as an executive director of Bonjour Holdings Limited from July 2020 to December 2020 and an independent non-executive director of Aidigong Maternal & Child Health Limited from March 2016 to December 2022, the shares of both of which are listed on the Main Board of the Stock Exchange. Mr. Lam is currently an independent non-executive director of each of Wai Hung Group Holdings Limited, Alco Holdings Limited, MTT Group Holdings Limited, Space Group Holdings Limited, China Wantian Holdings Limited, Renheng Enterprise Holdings Limited, Aidigong Maternal & Child Health Limited and TOMO Holdings Limited, and Non-executive Director and Chairman of Dreameast Group Limited, the shares of all of which are listed on the Main Board of the Stock Exchange.