Fuse Group Holding Inc. announced that on November 27, 2022, the company received a resignation letter from Mr. Michael Viotto, a member of the Board of the company, effective on November 30, 2022. Mr. Viotto indicated his resignation is due to his personal reasons. On November 28, 2022, the Board appointed Mr. Man Shek (Alex) Ng as a member of the Board.

Mr. Ng, age 52, served as an executive director and corporate secretary of Antelope Enterprise Holdings Limited from October 2017 to October 2022 and its operations Manager from July 2017 to October 2017. Mr. Ng was the corporate secretary of Nova Lifestyle Inc. from June 2011 to October 2016. Mr. Ng received his Bachelor’s degree in Economics from York University in Toronto, Ontario, Canada in 1994 and received a Certificate in Securities Course in 1998, a Certificate in Technical Analysis Course in 2001 and a Certificate in Derivatives Course in 2002 from The Canadian Securities Institute.

There re no arrangements or understandings between Mr. Ng and any other person pursuant to which Mr. Ng was appointed as a director of the Company. In addition, there is no family relationship between Mr. Ng and any director or Executive officer of the Company.