IVD Medical Holding Limited announced Mr. Lau Siu Ki (Mr. Lau) has resigned as an independent non-executive Director, the chairman of the Audit Committee of the Company (the Audit Committee) and the Remuneration Committee of the Company (the Remuneration Committee), and a member of the Nomination Committee of the Company (the Nomination Committee), with effect from 28 March 2024, so as to devote more time to his personal affairs and commitments. Mr. Lau has confirmed that he has no disagreement with the Board, and there are no matters relating to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board announced that with effect from 28 March 2024, Mr. Wong Sze Lok (Mr. Wong) has been appointed as an independent non-executive Director.

Mr. Wong Sze Lok has also been appointed as the chairman of the Audit Committee and the Remuneration Committee, and a member of the Nomination Committee with effect from the same date. Mr. Wong Sze Lok, aged 51, obtained a Bachelor of Arts in Accountancy from The Hong Kong Polytechnic University in November 1996, a Master of Management from Macquarie University in Australia in November 2004, and a Certificate of Higher Education in Law from the University of Essex in the United Kingdom in December 2021. Mr. Wong is a fellow member of the Hong Kong Institute of Certified Public Accountants, a member of The Institute of Chartered Accountants in England and Wales and a Certified Information Systems Auditor.

Mr. Wong has extensive experience in auditing and corporate governance. Mr. Wong currently serves as an independent non-executive director of Aowei Holding Limited, Cocoon Holdings Limited, TBK & Sons Holdings Limited, and China e-Wallet Payment Group Limited, respectively; and he also serves as a company secretary of Unitas Holdings Limited and Wai Hung Group Holdings Limited, respectively. He served as an independent non-executive director of Grand Field Group Holdings Limited until July 2021, and served as the chief financial officer of Amax International Holdings Limited until February 2022.

Mr. Wong served as the senior manager of Crowe Horwath Corporate Consultancy Limited from January 2007 to July 2012. In order to reduce work responsibilities to dedicate more time to his family, and due to personal health considerations, Mr. Leung King Sun (Mr. Leung) has resigned as an executive Director, the chief operating officer and a member of the Remuneration Committee with effect from 28 March 2024. He will serve as a senior consultant of the Company.

Mr. Leung has confirmed that he has no disagreement with the Board, and there are no matters relating to his resignation that need to be brought to the attention of the Stock Exchange and the Shareholders. Each of Mr. Chan Siu Kei Ken (Mr. Chan) and Mr. Law Kim Fai (Mr. Law) has been appointed as an executive Director with effect from 28 March 2024. Mr. Law has also been appointed as a member of the Remuneration Committee of the Company with effect from the same date.

Mr. Chan Siu Kei Ken, aged 40, has extensive experience in financial auditing, accounting and management. Mr. Chan was the finance director of a wholly-owned subsidiary of an enterprise whose shares are listed on the Main Board of the Stock Exchange. Mr. Chan has been a director of Optimum Accounting Services Limited since February 2017.

Mr. Chan obtained a Bachelor of Business (Accountancy) from Queensland University of Technology in Australia in March 2005 and a Master of Corporate Governance from The Hong Kong Polytechnic University in September 2016. Mr. Chan is a member of the Certified Practising Accountant Australia, a member of the Chartered Governance Institute in the United Kingdom, a member of the Institute of Chartered Secretaries and Administrators in the United Kingdom and the Hong Kong Institute of Chartered Secretaries. Mr. Law Kim Fai, aged 53, has extensive working experience in accounting and company secretarial matters in a number of listed companies in Hong Kong, and he has held positions such as qualified accountant, company secretary, authorised representative and/or finance director in a number of companies whose shares were listed on the Stock Exchange.

Mr. Law obtained a Bachelor of Business in Business Administration from the Royal Melbourne Institute of Technology in Australia in April 1994 and a Master of Business Administration (Electronic Commerce) from Charles Sturt University in Australia in November 2002. Mr. Law is a fellow member of the Hong Kong Institute of Certified Public Accountants, and a member of the Hong Kong Chartered Governance Institute, a member of the Chartered Governance Institute in the United Kingdom and a fellow member of Association of International Accountants. The Board also announced that Mr. Law has been appointed as a joint company secretary of the Company with effect from 28 March 2024, and Mr. Law satisfies the qualification requirements for company secretary under Rule 3.28 of the Listing Rules.

Mr. Law will jointly perform the duties of company secretary with Ms. Lam Wai Yan who is currently the other joint company secretary.