WINDMILL Group Limited announced with effect from November 30, 2021 Ms. Qiao Qiuxian (Ms. Qiao) shall be appointed as an Executive Director of the Company; Mr. Pun Kin Wa (Mr. Pun) shall resign as an Independent Non-executive Director and cease to act as the chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination Committee of the Company; Mr. Tsang Man Biu (Mr. Tsang) shall resign as an Independent Non-executive Director and cease to act as the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee of the Company; Mr. Lee Kwok Tung Louis ("Mr. Lee") shall resign as an Independent Non-executive Director and cease to act as a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company; Mr. Yu Wai Chun (Mr. Yu) shall be appointed as an Independent Non-executive Director and the chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination Committee of the Company; Mr. Chan Chi Yeung Nicholas (Mr. Chan) shall be appointed as an Independent Non- executive Director and the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee of the Company; Mr. Pau Ka Tat Patrick (Mr. Pau) shall be appointed as an Independent Non-executive Director and the chairman of the Nomination Committee and a member of the Audit Committee and the Remuneration Committee of the Company; Mr. Li Shing Kuen Alexander shall cease to act as the chairman of the Board and the chairman of the Nomination Committee of the Company and remain as a Chief Executive officer of the Company; and Mr. Liu Shihao shall be appointed as the chairman of the Board. Ms. Qiao acted as the Investment Director of Asia Pacific Silk Road Investment Company Limited from January 2016 to April 2018. Yu Wai Chun is currently an Independent Non-Executive Director of China Carbon Neutral Development Group Limited. Prior to that, Mr. Yu held key corporate positions in various companies, including chief financial officer of Culture Landmark Investment Limited. Mr. Chan Chi Yeung Nicholas started his career in Hong Kong as a corporate finance lawyer with King & Wood Mallesons. Since then, he worked in several other international law firms as well as took up senior positions in various companies listed on the Main Board of the Stock Exchange of Hong Kong Limited. Mr. Pau Ka Tat Patrick successively took up important roles of risk control and approval in local and foreign banks in Hong Kong, including Hang Seng Bank in Hong Kong, Dah Sing Bank in Hong Kong, DBS in Singapore and Fubon Bank in Taiwan. Mr. Pau holds the degree of Master of Business Administration in the University of Hull in UK.