Max Estates Limited announced that Mr. Ka Luk Stanley Tai, Non-Executive Director of the Company, a nominee director of New York Life International Holdings Ltd., its letter dated March 25, 2024, informed his intention to resign from the Board of Directors of the company with effect from the closure of the business hours on March 27, 2024 pursuant to his retirement. The Company has received the proposal from NYL to appoint a director in his place which will be considered by the Board of Directors of the
Company.