The Board of Affluent Partners Holdings Limited announced that Mr. Chiu has tendered his resignation as an independent non-executive Director, the chairman of the Audit Committee, a member of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from the date of this announcement as he intended to devote more time to his other business engagements. Mr. Chiu has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation from the position that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company.