The board of directors of Smart Globe Holdings Limited (the "Company", together with its subsidiaries, the "Group") hereby announces the following appointments and resignations with effect from 7 July 2023: Mr. NG Ho Lun ("Mr. Ng"), Mr. CHU Lok Fung Barry ("Mr. Chu") and Mr. CHEN Kun ("Mr. Chen") have been appointed as executive Directors of the Company; Dr. WU Ka Chee Davy ("Dr. Wu"), Mr. YIU Ho Chi Stephen ("Mr. Yiu") and Ms. LAW Ying Wai Denise ("Ms. Law") have been appointed as independent non-executive Directors of the Company; Ms. TSE Yuen Shan Ivy ("Ms. Tse") has tendered her resignation as an executive Director, general manager and compliance officer, and Mr. CHAN Yee Yeung ("Mr. YY Chan") has tendered his resignation as an executive Director and authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"); Mr. LI Chun Hung ("Mr. Li"), Mr. ONG Chor Wei ("Mr. Ong") and Mr. YAM Kam Kwong ("Mr. Yam") have tendered their respective resignations as an independent non-executive Director; Mr. Li, Mr. Ong and Mr. Yam have ceased to be members of the audit committee of the Company (the "Audit Committee"), and Dr. Wu, Mr. Yiu and Ms. Law have been appointed in their places, with Ms. Law being the chairlady of the Audit Committee; Mr. Ong, Ms. Tse, Mr. Li and Mr. Yam have ceased to be members of the remuneration committee of the Company (the "Remuneration Committee"), and Mr. Chu, Dr. Wu and Mr. Yiu have been appointed in their places, with Dr. Wu being the chairman of the Remuneration Committee; Mr. Lam, Mr. Li, Mr. Ong and Mr. Yam have ceased to be members of the nomination committee of the Company (the "Nomination Committee") and Mr. Ng, Mr. Yiu and Ms. Law have been appointed in their places, with Mr. Ng being the chairman of the Nomination Committee; Mr. LAM Tak Ling Derek ("Mr. Lam") has ceased to be chairman of the Board, chief executive officer and Authorised Representative, but remains to be an executive Director and appointed as general manager of the Group. Mr. Ng has been appointed as the chairman of the Board and chief executive officer; Mr. Chu and Mr. Chen have been appointed as Authorised Representatives of the Company; Ms. Tse has ceased to act as a representative authorised to accept on the Company's behalf service of any process or notice required to be served on the Company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent"), and Mr. Chu and Mr. Chen have been appointed as the Process Agents in her place; and Mr. CHEUNG Sum Chin ("Mr. Cheung") has tendered his resignation as a company secretary and financial controller, Mr. Chu and Mr. Chen have been appointed as joint company secretaries of the Company, and Mr. Chu has been appointed as the financial controller.