The board (Board) of directors of Green Energy Group Limited announced that Mr. Man Kwok Leung ("Mr. Man") has been appointed as an independent non-executive Director and a member of each of the audit committee of the Company ("Audit Committee") and the remuneration committee of the Company ("Remuneration Committee") with effect from 13 July 2023. Mr. Man, aged 48, obtained a Bachelor of Business Administration degree from the Chinese University of Hong Kong in 1997. He is a member of each of the Hong Kong Institute of Certified Public Accountants, the Hong Kong Chartered Governance Institute and the Chartered Governance Institute, and a fellow member of each of the Association of Chartered Certified Accountants and the Taxation Institute of Hong Kong.

Mr. Man is also a Certified Public Accountant (Practising) registered with the Accounting and Financial Reporting Council and a Certified Financial Risk Manager admitted by the Global Association of Risk Professionals. Mr. Man has over twenty years of financial and compliance experiences in relation to listed companies in Hong Kong, large state-owned enterprise and multinational companies. He gained extensive audit experience from PricewaterhouseCoopers (Arthur Andersen before its merger with PricewaterhouseCoopers) from 1997 to 2003.

Mr. Man was the financial controller and the company secretary of Universal Technologies Holdings Limited (a company whose shares were listed on GEM of The Stock Exchange of Hong Kong Limited ("Stock Exchange") from 26 October 2001 to 21 June 2010 (stock code: 8091) before they were listed on the Main Board of the Stock Exchange with effect from 22 June 2010 (stock code: 1026)) from 2003 to 2004, the financial controller and the head of the investor relations department of China Foods Limited (a company whose shares are listed on the Main Board of the Stock Exchange (stock code: 506)) from 2004 to 2018, and the vice president - finance and business development and the company secretary of O-Net Technologies (Group) Limited (a company whose shares were listed on the Main Board of the Stock Exchange until they were withdrawn from listing on 19 October 2020 (stock code: 877)) from 2018 to 2019. Pursuant to the letter of appointment made between Mr. Man and the Company, Mr. Man has been appointed as an independent non-executive Director for a term of two years with effect from 13 July 2023 to 12 July 2025, unless terminated by no less than one month's notice in writing served by either party on the other, and will be subject to retirement by rotation and re-election and other related provisions as stipulated in the bye-laws of the Company and the Listing Rules. Pursuant to his letter of appointment, Mr. Man will be entitled to a monthly emolument of HKD 20,000, which was determined with reference to his background, experience, qualifications, duties and responsibilities with the Group and the prevailing market conditions.