The board (the "Board") of directors ("Directors") of Hong Kong Resources Holdings Company Limited (the "Company") announced that with effect from 23 September 2022, Ms. Dai Wei ("Ms.Dai") has resigned as an executive Director of the Company to devote more time to her other business commitments. Ms. Dai will remain as a director of certain subsidiaries of the Company. Ms. Dai confirmed that (i) she has no claim against the Company in respect of her resignation whatsoever whether in respect of fees, remuneration or compensation for loss of office and that she has no disagreement with the Board.