The board of Directors of Edvantage Group Holdings Limited announced that Mr. Wong Shing Mun resigned as the chief financial officer and thereby ceased to act as an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, all with effect from 14 July 2023 for the pursuit of his personal career development. The Board also announced that Mr. Liu Yuk Tung, Thomas has been appointed as the Chief Financial Officer with effect from 14 July 2023. Mr. Liu, aged 60, has over 37 years of experience in auditing, international finance and technology business.

Prior to joining the Company, he was the chief financial officer and a senior vice president of the business strategy of TCL Communication Technology Holdings Limited, the Asia Pacific regional financial controller of Stratus Corporation in the United States of America, sales and marketing director and general manager of Neo-Neon Holdings Limited (a company whose shares are listed on the Main Board of the Stock Exchange, stock code: 1868), with extensive auditing experience from working at Arthur Andersen. He is also a Certified Public Accountant of the Hong Kong Institute of Certified Public Accounts (the "HKICPA"), Chartered Accountant of Institute of Chartered Accountants in England and Wales and fellow of the Association of Chartered Certified Accountants. Mr. Liu holds a bachelor's degree in Economics from the University of Hong Kong, a Master of Business Administration degree from the University of New South Wales, Australia and a master's degree in Accounting from Jinan University, the People's Republic of China.