The board of directors (the ‘Board') of Lever Style Corporation (the ‘Company', together with its subsidiaries, the ‘Group') announced that Mr. Lee Shing Tung Tommy (‘Mr. Lee') has given notice to the Company to tender his resignation from the office of an independent non-executive Director of the Company with effect from 1 August 2022 due to other work arrangements. Mr. Lee has confirmed to the Company that he has no disagreement with the Board and that there are no other matters in respect of his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of Company. Following the resignation of Mr. Lee, with effect from 1 August 2022, he will cease to be a member of each of the audit committee and remuneration committee of the Company and will cease to be the chairman of the nomination committee of the Company.

The Board of Directors of the Company to announce that Mr. Liu Gary (‘Mr. Liu') has been appointed as an independent non-executive director of the Company with effect from 1 August 2022. Mr. Liu, aged 39, is the founder of Artifact Labs, which provides advanced multichain non fungible tokens ecosystem to content holders and collectors. Mr. Liu has been the chief executive officer of South China Morning Post Publishers Limited from January 2017 to July 2022.

Mr. Liu graduated from Harvard University with a Artium Baccalaureus degree in June 2006. Pursuant to an appointment letter entered into between the Company and Mr. Liu, the term of office of Mr. Liu is a fixed term of three years commencing from 1 August 2022 unless terminated by not less than one month's prior notice served by either party on the other in writing. Mr. Liu's appointment is subject to retirement by rotation and re-election at annual general meetings of the Company pursuant to the articles of association and the Rules Governing the Listing of Securities on the Stock Exchange (the ‘Listing Rules').

The Board is also announced that with effect from 1 August 2022, Mr. Liu has been appointed as a member of each of the audit committee, nomination committee and remuneration committee of the Company. Following the resignation of Mr. Lee, the Board has appointed Mr. Szeto Chin Yan Stanley to be the chairman of the nomination committee of the Company with effect from 1 August 2022.