The board of directors of HSC Resources Group Limited announced that with effect from 9 April 2024: Mr. Liu Sicheng ("Mr. Liu") shall resign as an Independent Non-executive Director and be appointed as a Vice President of the Company; Mr. Xian Gonghua ("Mr. Xian") shall resign as an Independent Non-executive Director and cease to act as the chairman of the Nomination Committee and a member of the Remuneration Committee and the Audit Committee of the Company; Mr. Fu Wing Kwok Ewing ("Mr. Fu") shall be appointed as an Independent Non- executive Director and the chairman of the Nomination Committee and a member of the Remuneration Committee and the Audit Committee of the Company. Mr. Xian has advised the Board that he would like to devote more time to his other business commitments. Mr. Fu, aged 54, is currently the financial controller and company secretary of CT Vision S.L. (International) Holdings Limited.

Mr. Fu worked for a number of international accounting firms and listed companies in Hong Kong. He holds a master degree of business administration from Anglia Ruskin University, U.K. and also a bachelor's degree in science with major in accounting from Bemidji State University, USA. He is a fellow member of Hong Kong Institute of Certified Public Accountants and a member of American Institute of Certified Public Accountants.

He has over 30 years of experience in finance, auditing and accounting field. Mr. Fu has entered into a letter of appointment with the Company commencing from 9 April 2024 for an initial term of three years, and thereafter from year to year, and may be terminated in accordance with its terms. He is subject to retirement from office and re-election at the annual general meeting of the Company in accordance with the Articles.