The board of directors of Many Idea Cloud Holdings Limited announced that with effect from 10 January 2024, Ms. Liu Hong has been appointed as a non-executive Director. The biographical details of Ms. Liu are as follows: Ms. Liu, aged 29, has over 7 years of experience in corporate and enterprise management. Since February 2016, she has been an executive director and investor of Guiyang Dunxilu Tourism Co.

Ltd., a company established in the People?s Republic of China (the ?PRC?) with business focus on, amongst others, tourism, catering and catering management. She is currently an investor of Guangdong Huaminghui Culture and Art Co. Ltd. She has been appointed as the vice president of the PRC area of Versailles Hotel Chain Management Co.

Ltd. PRC, since July 2023. Ms. Liu obtained the advanced diploma in Business and Administration conferred by Excel London College (Shatin), Hong Kong in January2024. With her relevant working and management experience, Ms. Liu will be responsible for advising the business and corporate strategies of the Group, in particular, the application of the Group?s IP content resources into the areas of tourism, and hotel and hospitality management.

Ms. Liu has entered into a service contract with the Company for a period of three years commencing from 10 January 2024, which can be terminated by either party giving to the other not less than three months? prior written notice.