The board of directors of Global Mastermind Holdings Limited announced that with effect from 24 July 2020: Mr. Tsai Yung Chieh, David has resigned as an independent non-executive Director as he would like to devote more time to his other business commitments; and Mr. Lai Hok Lim has been appointed as an independent non-executive Director. Mr. Tsai 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 or The Stock Exchange of Hong Kong Limited.