The board of directors (the " Directors ") of i-Control Holdings Limited announced that Mr. Fung Chan Man Alex ("Mr. Fung") has resigned as an independent non-executive Director with effect from 11 January 2022 due to his intention to focus on his own business engagements. Following his resignation, Mr. Fung ceased to be the chairman of the remuneration committee and the nomination committee of the Board. The Board announces that with effect from 11 January 2022: Mr. Fong Chi, independent non-executive Directors of the Company, has been appointed as the chairman of the nomination committee of the Board; and Mr. Li Ying Wai Wayne, independent non-executive Directors of the Company, has been appointed as the chairman of the remuneration committee of the Board.