The board (Board) of directors (Directors) of Mulsanne Group Holding Limited (Company, together with its subsidiaries, the Group) announced that Mr. WANG Jun ("Mr. WANG") has tendered his resignation as a non-executive Director with effect from 29 March 2022 due to work arrangement. Mr. WANG confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board announced the appointment of Mr. YOUNG Christopher (Mr. YOUNG) as a non-executive Director with effect from 29 March 2022.