Chi Kan Holdings Limited announced that to announce that, with effect from 2 April 2024, Mr. Lai Yick Fung has been appointed as an independent non-executive Director. Mr. Lai, aged 53, possesses over 25 years of work experience in finance and accounting and company secretarial matters in various Hong Kong listed companies. Mr. Lai is currently working as the chief financial officer and company secretary of Value Convergence Holdings Limited, a company listed on Main Board of the The Stock Exchange of Hong Kong Limited since April 2018 and May 2018 respectively.

Prior to that, he joined China Eco-Farming Limited, a company listed on the GEM of the Stock Exchange, as company secretary from May 2015 to March 2018 and as executive director from July 2015 to March 2018. Mr. Lai obtained his master degree of science in financial management with merits award from University of London in 2004 and bachelor degree of arts in accountancy from Hong Kong Polytechnic University in 1993. Mr. Lai was a fellow member of The Hong Kong Chartered Governance Institute and an associate member of The Hong Kong Institute of Certified Public Accountants.

The Board hereby announces that with effect from 2 April 2024, Sr. Dr. Leung Tony Ka Tung has resigned as an independent non-executive Director, a member of each of the audit committee of the Board and the nomination committee of the Board and the chairman of the Remuneration Committee in order to spend more time on his own business. The Board hereby announces that with effect from 2 April 2024, (A) Audit Committee Sr. Dr. Leung Tony Ka Tung has resigned as a member of the Audit Committee and Mr. Lai has been appointed as a member of the Audit Committee. (B) Nomination Committee Sr. Dr. Leung Tony Ka Tung has resigned as a member of the Nomination Committee and Mr. Lai has been appointed as a member of the Nomination Committee.

(C) Remuneration Committee Sr. Dr. Leung Tony Ka Tung has resigned as the chairman of the Remuneration Committee and Mr. Lai has been appointed as the chairman of the Remuneration Committee.