Carpenter Tan Holdings Limited Announces Resignation of Yang Yang as Independent Non-Executive Director and Member of Each of the Audit Committee, Remuneration Committee and Nomination Committee

The board of directors (the Directors) of Carpenter Tan Holdings Limited (the Company) announced that Mr. Yang Yang (Mr. Yang) has tendered his resignation as an independent non-executive Director of the Company with effect from 12 June 2022 due to his intention to focus on other business engagements (the Resignation). Following the Resignation, Mr. Yang has ceased to be a member of each of the audit committee of the Company (the Audit Committee), the remuneration committee of the Company (the Remuneration Committee) and the nomination committee of the Company (the Nomination Committee).