The board of directors of Asia Television Holdings Limited announced that Mr. Chow Chi Wing has resigned as the company secretary and one of the authorized representatives of the Company with effect from 8 August 2022 as he wants to devote his time in his other work commitment. Mr. Chow confirmed that he has no claim against the Company in respect of fees or compensation for his loss of office. He further confirms that there is no disagreement among himself, the senior management and the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company, the Securities and Futures Commission and The Stock Exchange of Hong Kong Limited.

The Board further announces that Mr. Tang Yiu Kay has been appointed to replace Mr. Chow as the company secretary and one of the authorized representatives of the Company with effect from 8 August 2022. Mr. Tang, age 40, holds a master degree in financial services and society and a bachelor degree in financial management and accounting. Mr. Tang is currently a practicing member of Hong Kong Institute of Certified Public Accountants and has over 15 years of solid experiences in tax issues, internal control, auditing, financial accounting and business management.

Mr. Tang is an independent non-executive director of China Properties Investment Holdings Limited and Bay Area Gold Group Limited. Mr. Tang is also independent non-executive director of Ocean Star Technology Group Limited.