The board of directors of Madison Holdings Group Limited hereby announced that Ms. Chan Yuet Kwai has tendered her resignation as the company secretary of the Company and ceased to act as the authorised representative of the Company pursuant to Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited and the authorised representative of the Company for the acceptance of service of process or notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance respectively with effect from 11 December 2023. Immediately after the abovementioned resignation and cessations of Ms. Chan, the Board announced that Ms. Tse Ka Yan has been appointed as the Company Secretary and the Authorised Representative with effect from 11 December 2023. Ms. Tse is an associate member of both the Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

She graduated from Lingnan University in Hong Kong with a bachelor's degree in business administration in October 2007. She has over 15 years of experience in company secretarial sector of listed companies and professional firm. She was the Company Secretary of the Company from May 2015 to September 2019.