The board of directors of Cosmos Machinery Enterprises Limited announced that: 1. Mr. Qu Jinping (Mr. Qu) has tendered his resignation as a non-executive director to focus on his other work arrangement with effect from 25 September 2023; and 2. Mr. Huang Zhi Wei (Mr. Huang) has tendered his resignation as an independent non-executive Director due to his age, and accordingly he ceased to be a member of each of the audit committee of the company (the audit committee), the remuneration committee of the company (the remuneration committee) and the nomination committee of the company (the nomination committee), with effect from 25 September 2023. The board announced that with effect from 25 September 2023: Mr. Huang ceased to be a member of each of the audit committee, the remuneration committee and the nomination committee; and Mr. Lam Kwok Ming and Mr. Lee Wai Yip, Alvin, both independent non-executive Directors, have been appointed as the members of each of the Audit committee and the remuneration committee.