The Board of Miko International Holdings Limited announced that with effect from the conclusion of the AGM held on June 16, 2023, Mr. Hung Cho Sing retired as an independent non-executive Director, and ceased to act as a member of the Audit Committee and the chairman of the Remuneration Committee of the Company. Mr. Hung has confirmed that he does not have any disagreement with the Board and there are no matters relating to his retirement that need to be brought to the attention of the Shareholders. The Board would like to express its appreciation to Mr. Hung for his contributions to the Company during his tenure of services.

The Board announced that, with effect from the conclusion of the AGM on 16 June 2023, Mr. Guo Zheng has been appointed by the Board as an independent non-executive Director, a member of the Audit Committee and the chairman of the Remuneration Committee of the Company. Mr. Guo, aged 44, obtained a Master degree in Engineering Thermophysics from University of Science and Technology of China in the PRC in 2006. Mr. Guo is currently a lecturer of Anhui Jianzhu University and has over 15 years experience in engineering thermophysics, building physics and green building.

Pursuant to the letter of appointment entered into between Mr. Guo and the Company, the term of appointment of Mr. Guo will be for an initial term of three years commencing from 16 June 2023, subject to the retirement by rotation and re-election provisions in the bye-laws and articles of association of the Company. Following Mr. Hung's retirement as an independent non-executive Director, Mr. Hung ceased to act as a member of the Audit Committee and the chairman of the Remuneration Committee of the Company and Mr. Guo Zheng has been appointed to act as a member of the Audit Committee and the chairman of the Remuneration Committee of the Company with effect from the conclusion of the AGM on 16 June 2023.