The Board of Directors of One Media Group Limited announced that Mr. YANG, Victor has tendered his resignation as an independent non-executive director of the Company, the chairman of the nomination committee and a member of the audit committee and remuneration committee of the Company with effect from 1 August 2019. Mr. YANG, Victor confirmed that he resigned due to his commitment in other business engagements. Following Mr. YANG, Victor’s resignation, the audit committee members decreased from three to two, below the minimum number required under Rule 3.21 of the Listing Rules; and the chairman of the nomination committee becomes vacant which does not fulfill the requirement under Code Provision A.5.1 of Appendix 14 of the Listing Rules.