Power Assets Holdings Limited announced that with effect from 13 May 2021, Mr. LEUNG Hong Shun, Alexander has been appointed as a Non-executive Director of the Company and Ms. KOH Poh Wah has been appointed as an Independent Non-executive Director of the Company and a member of the Audit Committee. Mr. LEUNG Hong Shun, Alexander, is a practicing solicitor and notary public in Hong Kong and a China-Appointed Attesting Officer appointed by the Ministry of Justice of the People’s Republic of China. He is presently a partner of Messrs. S.H. Leung & Co., Solicitors. Ms. KOH Poh Wah is an Independent Non-executive Director of ARA Asset Management (Fortune) Limited.