The board of directors of Dynamic Holdings Limited announced that with effect from 11 September 2019 TAN Kenway Hao has resigned as an independent non-executive Director of the Company and ceased to be a member and the chairman of the nomination committee of the Board in order to devote more time to other business commitment; MA Chiu Tak, Anthony has been appointed as an independent non-executive Director of the Company and a member of remuneration committee of the Board; and GO Patrick Lim, an independent nonexecutive Director of the Company, has been appointed as a member and the chairman of the nomination committee of the Board. Mr. TAN has confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company. Mr. MA has years of senior managerial experience specialising in the business of banking. MA has held senior position in treasury and global markets in Bank of Shanghai (Hong Kong) Limited and Bank of America, N.A. Hong Kong Branch. He has been a member of the Treasury Markets Association and an Alternate Chief Executive of Bank of America, N.A. Hong Kong Branch. He holds a Bachelor of Arts from York University in Canada.