The Board of On Real International Holdings Limited announces that Mr. Tao Hong Ming ("Mr. Tao") has resigned as non-executive director with effect from 1 June 2022 in order to focus on his other business engagements. Mr. Tao has confirmed that save for certain outstanding director's fee, he has no disagreement with the Board and that he is not aware of any matters in relation to his resignation that need to be brought to the attention of the Shareholders. The Board would like to take this opportunity to express its sincere gratitude to Mr. Tao for his valuable contributions toward the Company during his tenure of office. As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Yeung Shing Wai & Mr. Au Yeung Yiu Chung; and four independent non-executive
Directors, namely Mr. Chan Shiu Man, Mr. Zhu Xiu Zhi, Mr. Choi Pun Lap and Mr. Sheng Wei.