Modern Living Investments Holdings Limited announced that, with effect from 2 April 2024: Mr. Sung Alfred Lee Ming (``Mr. Sung'') has resigned as an executive Director. Mr. Tang Kong Fuk (``Mr. Tang'') has resigned as an executive Director; Ms. Tam Mo Kit (``Ms. Tam'') has resigned as a non-executive Director; and Mr. Wong Siu Fai Albert (``Mr. Wong'') has resigned as an independent non-executive Director, and ceased to be the chairman of the audit committee of the Board (the ``Audit Committee''), member of the nomination committee of the Board (the ``Nomination Committee'') and member of the remuneration committee of the Board (the ``Remuneration Committee''). Mr. Ho Chu Ming (``Mr. Ho'') ceases to be the chairman of the Board (the ``Chairman'') but will remain as an executive Director; Ir Dr. Pang Yat Bond, Derrick (``Ir Dr. Pang'') has been appointed as the Chairman; and Mr. Wong Bay has ceased to be the chairman of the Nomination Committee but will remain as member of the Nomination Committee; Mr. Ng Kee Fat Ronny has ceased to be the chairman of the Remuneration Committee but will remain as member of the Remuneration Committee; Mr. Yu Cheeric (``Mr. Yu'') has been appointed as the chairman of the Audit Committee, member of the Nomination Committee and member of the Remuneration Committee; Ir Dr. Pang has been appointed as the chairman of the Nomination Committee and member of the Remuneration Committee; and Ms. Fung Nancy Ruth (``Ms. Fung'') has been appointed as the chairlady of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee.

Mr. Ng has resigned as the company secretary of the Company (the ``Company Secretary''). Following the resignation of Mr. Ng as the Company Secretary, the Board announced that, with effect from 2 April 2024, Ms. Pang Mei Yee (``Ms. Pang'') has been appointed as the Company Secretary. Ms. Pang holds a Master degree in Corporate Governance and Compliance from The Open University of Hong Kong (now known as Hong Kong Metropolitan University).

She is a Chartered Secretary, a Chartered Governance Professional and a fellow member of both of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute. She has over 18 years of experience in corporate governance and company secretarial fields in listed company and currently is the senior company secretarial manager of the Asia Allied Infrastructure Holdings Limited, the parent company of the Company.