The Board of Silver Base Group Holdings Limited announced that, Mr. Ma Lishan has been re-designated from an independent non-executive Director to a non-executive Director of the Company with effect from 30 December 2021. Subsequent to his re-designation, Mr. Ma Lishan has resigned as the member of the audit committee, the member of the compliance committee, the member of the remuneration committee and the member of the nomination committee with effect from 30 December 2021; and Mr. Chow Chi Fai has been appointed as an independent non-executive Director, the member of the audit committee, the member of the compliance committee, the member of the remuneration committee and the member of the nomination committee with effect from 30 December 2021.