The board of directors of Million Stars Holdings Limited announced that Ms. Zhu Minli has resigned as independent non-executive director of the Company due to her other business engagement with effect from 11 January 2024. Ms. Zhu also resigned as the chairlady of both the nomination committee and the remuneration committee, and a member of both the audit committee and the corporate governance committee of the Company. The Board would like to announce that Mr. Lam, Anthony Tze Cheung has been appointed as an independent non-executive director with effect from 11 January 2024.

Mr. Lam aged 36, graduated from King's College London with a Bachelor of Laws degree. He was admitted to the New York State bar in March 2017. He worked as a registered foreign lawyer at Eversheds Sutherland and a legal associate at Nu Skin Enterprises Hong Kong, LLC.

Mr. Lam is currently the legal counsel of CFL Holding Limited. Following the resignation of Ms. Zhu, Mr. Lam is appointed as the chairman of both the nomination committee and the remuneration committee of the Company with effect from 11 January 2024. Following the resignation of Ms. Zhu, Mr. Lam is appointed as a member of both the audit committee and the corporate governance committee of the Company with effect from 11 January 2024.