The board of directors of GBA Holdings Limited announced that Mr. Lau Yik Lok ("Mr. Lau") has resigned as an independent non-executive Director, the chairman of the remuneration committee of the Company (the "Remuneration Committee") and a member of each of the audit committee of the Company (the "Audit Committee") and the nomination committee of the Company (the "Nomination Committee") of the Company with effect from 28 July 2023 due to his other personal commitments. The Board announced that Ms. Chan Sheung Yu ("Ms. Chan") has been appointed as an independent non-executive Director with effect from 28 July 2023. Ms. Chan, aged 36, has been the committee director of Honest Buddha Temple C&E Charity Association Limited since March 2023 and the consultant of Impression Investment Limited since July 2023.

Ms. Chan served as a partner of Traditional Chinese Medical Vision Cloud from March 2018 to February 2023. Ms. Chan worked in Harvest Group from March 2017 to August 2019 with her last position held as a business development manager. She also worked in Nanyang Commercial Bank from July 2014 to March 2017 with her last position held as an internal auditor.

Ms. Chan is currently engaged in various positions, including serving as a member of the Standing Committee of Jiangsu Youth Federation, a member the Kowloon City Lung Tong Area Committee of the Home Affairs Department, a member of the Television and Radio Consultative Group of the Communications Authority, a member of the executive committee of The Y. Elites Association and the vice chairperson of JiangSu HK Youth Leaders Exchange Association. She was also a member of Kowloon City District Youth Programme Committee from 2019 to 2021 and a board member of Hong Kong Baiyun Association from 2017 to 2018. Ms. Chan graduated from Aston Business School in the United Kingdom with a master of science degree in Marketing Management in 2010 and a bachelor of science degree in Combined Honors Business with Mathematics in 2008.

Ms. Chan is certified as an anti-money laundering specialist by the Association of Certified Anti-Money Laundering Specialists. The Board announced that Ms. Chan has been appointed as a chairman of the Remuneration Committee and a member of each of the Audit Committee and Nomination Committee with effect from 28 July 2023.