The board of directors of Macau Legend Development Limited announced that Madam Tam Wai Chu, Maria ("Madam Tam") has tendered her resignation as an independent non-executive director (the "INED") of the Company with effect from 3 February 2022 due to personal reason. Accordingly, Madam Tam will cease to be a member of each of the audit committee, the remuneration committee and the nomination committee of the Company (the "Nomination Committee") on the same date. Madam Tam has confirmed that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the Company.

Mr. Wang Hongxin (alias Wang, Charles Hongxin) has been appointed as the chairman of the Nomination Committee to replace Madam Tam. Madam Tam resigned as an INED of the company with effect from 3 February 2022 due to personal reason. The Company was informed by Madam Tam that the reason for her resignation was that she would like to reduce her workload due to her senior age.