KML Technology Group Limited announced that (i) Mr. Chan Chak Lun Philip ("Mr. Chan"), the executive Director, intended not to offer himself for re-election at the Annual General Meeting due to his other personal commitments and adjustments of work arrangement, and retired as an executive Director and ceased to be the chief executive officer of the Company and a member of the risk management committee of the Company with effect from the conclusion of the Annual General Meeting on 7 August 2023; and (ii) Mr. Yu Wing Lok Garry ("Mr. Yu"), the independent non-executive Director, intended not to offer himself for re-election at the Annual General Meeting due to his other personal commitments, and retired as an independent non-executive Director and ceased to be a member each of the nomination committee and the risk management committee of the Company with effect from the conclusion of the Annual General Meeting on 7 August 2023.