Lai Sun Development Company Limited announced that, Mr. Leung Wang Ching, Clarence ("Mr. Leung") has resigned as an independent non-executive director of the Company, and ceased to be a member of the audit committee and the nomination committee of the Company with effect on 25 July 2022 following his official appointment by the Hong Kong Special Administrative Region Government. Mr. Leung has confirmed that in relation to his resignation, he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company.