The board ("Board") of directors ("Director(s)") of China Wood Optimization (Holding) Limited (the "Company") announced that Mr. Lau Ying Kit ("Mr. Lau") has resigned from his positions as an independent non-executive Director with effect from 15 February 2022 due to his other business commitments. Following the resignation of Mr. Lau, he ceased to be a member and chairman of the audit committee of the Company. Mr. Lau has confirmed that he has no disagreement with the Board and there are no matters with respect to his resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange").