Echo International Holdings Group Limited announced that Mr. Cheng Kwing Sang, Raymond () (``Mr. Cheng'') has tendered his resignation as the chief executive officer with effect from 3 May 2022, in order to devote more time to his personal affairs. Mr. Cheng has also resigned as a director of Gold Treasure Hung Group Limited, a subsidiary of the Company, with effect from 3 May 2022. Mr. Cheng has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of the holders of securities of the Company.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Cheng for his contributions towards the Company during his tenure of office.