The Board of MIE Holdings Corporation to announce that, effective August 31, 2021 Mr. Wong Ka Wai has been appointed as an executive Director of the Company; Mr. Cheng Ko Pang has been appointed as a non-executive Director of the Company; Ms. So Tsz Kwan has been appointed as an independent non-executive Director and a member of the Audit Committee of the Company; Mr. Liu Ying Shun has been appointed as an independent non-executive Director and the chairman of the Audit Committee of the Company; and Mr. Ai Min has been appointed as an independent non-executive Director, and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company. The Board also announces that, with effect from August 31, 2021. Mr. Jeffrey Willard Miller has resigned as an independent non-executive Director, chairman of the Audit Committee and member of the Remuneration Committee and Nomination Committee of the Company. Mr. Wong, aged 50, has been engaged in asset management, financial services and investment. He has been serving as an executive director and responsible officer at Hammer Capital Asset Management Limited since 2017. Mr. Cheng has served as a vice president at China Huarong Macau (HK) Investment Holdings Limited (a subsidiary of China Huarong Asset Management Co., Ltd) since 2017. Ms. So, aged 39, has 17 years of experience in audit and investment management. Since 2018, Ms. So has been serving as a vice president at Ruima Hong Kong Limited (``Ruima''), which provides customized structured financing and corporate solutions to clients. Mr. Liu, aged 38, has more than 15 years of experience in the field of audit and assurance. He founded Zhong Pu Risk Management Ltd. (``Zhong Pu''), a company which provides business advisory, consultancy and taxation services for clients ranging from private entities to listed companies in Hong Kong, in 2017 and has been serving as a director at Zhong Pu since then. Mr. Ai, aged 58, has more than 30 years of experience in financial management, investment and financing field. Mr. Ai has worked and held various finance and management positions at China State Shipbuilding Corporation (``CSSC'') since 1987, including management roles in the well logging division of CSSC.