The board of directors of Convoy Global Holdings Limited announces the following changes of regarding the Board with effect from 31 March 2021: Mr. Johnny Chen (``Mr. Chen'') has tendered his resignation as a non-executive Director of the Company and stepped down from his role as the chairman of the Board (the ``Chairman'') with effect from 31 March 2021. Following his resignation, he also ceased to be a member of each of the Nomination Committee and Remuneration Committee. Mr. Chen has resided in Taiwan since October 2020. Due to travel restrictions caused by COVID-19, Mr. Chen has been unable to commute to Hong Kong to perform his duties as Chairman and Director. Given travel uncertainties and his other commitments in Taiwan, he has therefore decided to vacate his positions. As a result of the resignation of Mr. Chen, the Board has made changes to the composition of the Nomination Committee and Remuneration Committee. Mr. Lee Jin Yi (``Mr. Lee''), who is currently an executive Director, has been appointed by the Board to replace Mr. Chen as Chairman with effect from 31 March 2021.