The board of directors of Chia Tai Enterprises International Limited announced that Ms. Cheung Marn Kay ("Ms. Cheung") has been appointed as an independent non-executive Director and a member of the Remuneration Committee and the Nomination Committee. The above appointments shall take effect from 23 February 2024. Ms. Cheung Marn Kay, aged 56, is currently the vice chairman of CrossGate Advisors Limited.

Prior to her current role, Ms. Cheung was the Managing Director of BlackRock Asset Management North Asia Limited, a subsidiary of BlackRock Inc. (NYSE: BLK), from 1999 to 2012. Ms. Cheung obtained a Bachelor of Arts degree from the University of British Columbia in 1992. Ms. Cheung is presently the Treasurer of Council and Court member of the Lingnan University and a member of The HKSAR Standing Committee on Disciplined Services Salaries and Conditions of Service.

Previously, Ms. Cheung was a member of the Advisory Committee of the Hong Kong Securities and Futures Commission. Following the appointment of Ms. Cheung to the Board committees, with effect from 23 February 2024: Mr. Soopakij Chearavanont has ceased to be the Chairman of the Nomination Committee, and Mr. Cheng Yuk Wo has ceased to be a member of the Nomination Committee; Each of Mr. Surasak Rounroengrom and Mr. Thirayut Phityaisarakul has been appointed as the Chairman and member of the Nomination Committee, respectively; and Each of Mr. Surasak Rounroengrom and Mr. Edward Ko Ming Tung has ceased to be a member of the Remuneration Committee. Following the above changes: The Audit Committee comprises Mr. Cheng Yuk Wo (Chairman), Mr. Surasak Rounroengrom and Mr. Edward Ko Ming Tung; The Remuneration Committee comprises Mr. Cheng Yuk Wo (Chairman), Mr. Thanakorn Seriburi and Ms. Cheung Marn Kay; The Nomination Committee comprises Mr. Surasak Rounroengrom (Chairman), Mr. Thirayut Phityaisarakul and Ms. Cheung Marn Kay; and The Corporate Governance Committee comprises Mr. Edward Ko Ming Tung (Chairman), Mr. Nopadol Chiaravanont and Mr. Chawalit Na Muangtoun.