The board of directors of Coolpoint Innonism Holding Limited announced that Mr. Cheung Kwok Keung has resigned as an independent non-executive director, the chairman of the audit committee of the Company, the chairman of the remuneration committee of the Company and a member of the nomination committee of the Company with effect from 7 February 2023 due to his decision to devote more time to his personal affairs. The Board also announced that Mr. Chiu Wai Hon has been appointed as an independent non-executive director, the chairman of the Audit Committee, the Chairman of the Remuneration Committee and a member of the Nomination Committee. Mr. Chiu's biographical details: Mr. Chiu, aged 49, obtained a Bachelor of social science degree from Lingnan University in 1996.

He has been a member of the Institute of Public Accountants since April 2022. Mr. Chiu has over 17 years of experiences in banking and finance sector in Hong Kong. He joined Standard Chartered Bank as an assistant sales manager in June 2005.

Between February 2006 and March 2010, he had been relationship managers in several licensed banks in Hong Kong. Between March 2010 and June 2021, he had been a senior relationship manager of China Citic Bank International and responsible for, among others, analyzing financial data of local enterprises and listed companies. On October 2021, he has been a director and general manager of Pan Pacific International Trade Limited.

Mr. Chiu is appointed as an independent non-executive director for an initial term of three years commencing from 7 February 2023, unless terminated by either party giving to the other not less than one month's prior notice in writing.