The board of directors of Oshidori International Holdings Limited (the ‘Company') announced that Mr. Cheung Wing Ping (‘Mr. Cheung') has resigned as an independent non-executive director and the chairman of the audit committee (the ‘Audit Committee'), remuneration committee (the ‘Remuneration Committee') and nomination committee (the ‘Nomination Committee') of the Company with effect from 1 August 2022 due to his other business commitments. Mr. Cheung has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. The board announced that Mr. Lam John Cheung-wah (‘Mr. Lam') has been appointed as an independent non-executive director and a member of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 1 August 2022.

Mr. Lam, aged 67, has over 30 years of experience in banking, finance and investment. He holds a bachelor of business management degree from Ryerson Polytechnical Institute (currently known as Toronto Metropolitan University) in Toronto, Canada, and is a fellow of The Institute of Canadian Bankers and a fellow of The Royal Institution of Chartered Surveyors. Mr. Lam is the vice president of China Real Estate Chamber of Commerce Hong Kong and International Chapter Limited.

He was a member of the 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference. Mr. Lam once acted as the Vice Chairman and an Executive Director of Nan Fung Property Holdings Limited in China Property Division between February 2013 and December 2021, and he has served as its advisor since January 2022. Currently, Mr. Lam is also an independent non-executive director of Samson Paper Holdings Limited, the securities of which are listed on the Main Board of the Stock Exchange, since May 2022, and an independent non-executive director of Wing Lee Property Investments Limited.

From October 2021 to July 2022, Mr. Lam was a non-executive director of Hong Kong Aerospace Technology Group Limited (stock code: 1725), the securities of which are listed on the Main Board of the Stock Exchange. Mr. Lam was also a director of Eastway International Limited and Yue Feng Development (Hong Kong) Limited, which were companies incorporated in Hong Kong with limited liability, before their dissolution by deregistration under section 751 of the Companies Ordinance (Chapter 622 of the laws of Hong Kong) on 2 February 2018 and 6 August 2021, respectively. The Board further announced that following the resignation of Mr. Cheung, Mr. Yu Chung Leung (‘Mr. Yu'), an independent non-executive director of the Company, has been appointed as the chairman of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 1 August 2022.