The board of directors of AM Group Holdings Limited announced that Mr. Lim Wee Pin will retire from office at the conclusion of the forthcoming annual general meeting of the Company to be held on 29 November 2023 and he will not seek for re-election and will retire as an independent non-executive Director. Accordingly, Mr. Lim will cease to act as the chairman of each of the Board's audit committee and the nomination committee, as well as a member of the Board's remuneration committee at the conclusion of the 2023 AGM.