The board of directors of Next Digital Limited (the "Company" and together with its subsidiaries, the "Group") hereby announces the resignations and change of composition of remuneration committee and nomination committee set out in this announcement. Mr. Chow Tat Kuen, Royston has tendered his resignation as an executive director, the chief operating officer, a member of the executive committee and remuneration committee and the company secretary of the Company; Mr. Hung Chi Keung, Dennis has tendered his resignation as the chief financial officer of the Group; and Dr. Mark Lambert Clifford, currently the independent non-executive director of the Company, has been appointed as a member of the remuneration committee of the Company. In addition, the Board announces that Mr. Cheung Kim Hung has informed the Company on 8 July 2021 that he has resigned as an executive director, the chief executive officer and a member of the executive committee and nomination committee of the Company and his other positions within the Group, all with effect from 30 June 2021.