The board of directors of China Kangda Food Company Limited announced that each of Mr. Ma Siu Kit ("Mr. Ma"), Mr. Li Wai Pui ("Mr. Li") and Ms. Lee Ho Yee ("Ms. Lee", together with Mr. Ma and Mr. Li, collectively as the "Resigning Independent non-executive Directors) has tendered their respective resignation as an independent non-executive Director on 22 January 2024 with immediate effect. Following their resignations, (i) Mr. Ma will cease to be the chairman of the audit committee, a member of the remuneration committee and nomination committee of the Company; (ii) Mr. Li will cease to be the chairman of the remuneration committee, and a member of the audit committee and nomination committee of the Company; and (iii) Ms. Lee will cease to be the chairman of the nomination committee, and a member of the audit committee and remuneration committee of the Company. Each of the Resigning Independent non-executive Directors confirmed to the Company that his/her resignation were due to their intention to focus on their other business pursuits and commitments.

Each of the Resigning Independent non-executive Directors confirmed to the Company that he/she has no disagreement with the Board and there is no matter relating to his/her resignation that needs to be brought to the attention of the shareholders of the Company (the Shareholders) or The Stock Exchange of Hong Kong Limited.