The board of directors of Royal Century Resources Holdings Limited announced that Mr. Li Ka Chun Gordon has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee, the Nomination Committee and the Compliance Committee of the Company for the purpose of the Rules (the "GEM Listing Rules") Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with effect from 8 December 2023. Mr. Li, aged 30, obtained his bachelor's degree in Accounting from The University of Hull. Mr. Li has around 10 years of experience in the areas of accounting and financial management in financial institutions and corporations, and led several large audit and financing projects.

Mr. Li is currently an independent non-executive director of HSC Resources Group Limited. The Board announces that Mr. Lam Cheok Va ("Mr. Lam") has resigned as an independent non-executive Director and ceased to act as the chairman of the Remuneration Committee and a member of the Audit Committee, the Nomination Committee and the Compliance Committee with effect from 8 December 2023 as he has to devote more time to his other business engagements. Mr. Lam has confirmed that he has no disagreements with the Board and there are no matters in respect of his resignation that need to be brought to the attention of the Stock Exchange and the shareholders of the Company.