New Hope Service Holdings Limited is deeply saddened to learn on 16 February 2022 that Mr. Yan Lap Kei Isaac, an independent non-executive Director and chairman of the audit committee of the company, has unfortunately passed away. Before that, Mr. Yan has signed his resignation tender due to his health condition, which was in the process of being forwarded but had not been delivered to the Company before his passing away. Mr. Yan was appointed as an independent non-executive Director and the chairman of audit committee of the Company in April 2021.

Mr. Yan had made a tremendous contribution to the growth and development of the Group and his wisdom and contribution will be missed. The Board announced that Mr. Kong Chi Mo ("Mr. Kong") has been appointed as an independent non-executive Director and the chairman of the audit committee of the Company with effect from 16 February 2022.