The board of directors of Microware Group Limited announced that, with effect from 5 December 2023: Mr. Chu Ming Ho ("Mr. Chu") has resigned as chief executive officer of the Company due to re-allocation of work and re-designation within the Group; Following the resignation of Mr. Chu, the Company does not have a position of chief executive officer. Mr. Wang Guangbo, executive Director and chairman of the Board, together with Mr. Huang Tianlei, executive Director, will assume the duties and responsibilities of the chief executive officer of the Company in the overall management, strategic planning and the day-to-day business operation of the Group. Given their extensive experience and knowledge in the information technology industry, the Board believes that Mr. Wang Guangbo and Mr. Huang Tianlei will provide a broader perspective on strategic matters and enable efficient decision-making to meet the dynamic needs of the Group's business.