National Arts Group Holdings Limited dated 29 December 2022 in relation to Mr. Cheng Wang Chun has tendered his resignation as an executive Director, an Authorised Representative and a Process Agent and the financial controller of the Group and Mr. Ho has tendered his resignation as an executive Director and the financial manager of the Group. This announcement is the supplemental announcement to the Announcement. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as set out in the Announcement.

The Board also announces that with effect from 29 December 2022, (i) Mr. Cheng has tendered his resignation as an executive Director, an Authorised Representative and a Process Agent and the financial controller of the Group in order to focus on his other business commitments; and (ii) Mr. Ho has tendered his resignation as an executive Director and the financial manager of the Group in order to focus on his other business commitments.