The board of directors of Redsun Properties Group Limited announced that Ms. Yim Lai Kiu (Ms. Yim) has tendered her resignation as a joint company secretary of the Company (the Joint Company Secretary) and has ceased to act as an authorized representative of the Company (the Authorised Representative) under Rule 3.05 of the Rules (the Listing Rules) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Stock Exchange) and the process agent for accepting service of process and notices on behalf of the Company in Hong Kong under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the Process Agent) with effect from 31 August 2023. Ms. Yim confirmed that she has no disagreement with the Board and there is no matter relating to her resignation which need to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board further announced that Ms. Yung Mei Yee (Ms. Yung) has been appointed as the Joint Company Secretary, Authorised Representative and Process Agent with effect from 31 August 2023.

After the aforesaid changes, Mr. Li Yonggang will continue to serve as the other Joint Company Secretary. Ms. Yung Mei Yee is a vice president of SWCS Corporate Services Group (Hong Kong) Limited. Ms. Yung has over 20 years of experience in handling company secretarial, corporate governance and compliance affairs of listed companies.

Ms. Yung has held various senior company secretarial positions in and acted as the company secretary or joint company secretary of a number of companies listed on the Stock Exchange. She is currently the joint company secretary of a few listed companies on the Stock Exchange. She is a fellow of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

She obtained a bachelor's degree of arts in accountancy and a master's degree of arts in language and law from the City University of Hong Kong, and a bachelor's degree of laws from the University of London.