The board of directors of ST International Holdings Company Limited announced that, with effect from 5 December 2023: (i) Mr. Xi Bin has resigned as an executive Director due to his other business pursuits and commitments; and (ii) Mr. Sze Irons, BBS, JP, has resigned as an independent non-executive Director, a member of the audit committee of the Board and the chairman of the nomination committee of the Board ("Nomination Committee") due to his other business pursuits and commitments. Mr. Xi remains as the chief executive officer of the Group. APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGE IN COMPOSITION OF BOARD COMMITTEES: The Board announced that, with effect from 5 December 2023, Dr. Chan Yee Wah has been appointed as an independent non-executive Director, a member of the Audit Committee and the chairwoman of the Nomination Committee.

The biographical details of Dr. Chan are set out below: Dr. Chan Yee Wah, aged 58, has over 30 years of experience in finance and management. She is currently the Head of Investor Relations of C C Land Holdings Limited, a company whose shares are listed on the Main Board of the Stock Exchange. She is also an independent non-executive director of each of Capital Environment Holdings Limited (stock code: 3989), a company whose shares are listed on the Main Board of the Stock Exchange, and Xtep International Holdings Limited, a company whose shares are listed on the Main Board of the Stock Exchange.

Dr. Chan obtained a Bachelor of Arts in Accountancy from the City University of Hong Kong (formerly known as the City Polytechnic of Hong Kong) in November 1992, a Master of Business Administration from the University of Nottingham, the United Kingdom in December 1993, and a Doctor of Business Administration from The Hong Kong Polytechnic University in December 2007. Dr. Chan is a fellow member of each of the Hong Kong Institute of Certified Public Accountants (previously known as the Hong Kong Society of Accountants), the Association of Chartered Certified Accountants and the Hong Kong Chartered Governance Institute. Dr. Chan was a director in three companies, namely Best United Investments Limited, Hill Point Development Limited("Hill Point") and Market Link Limited("Market Link"), which were companies incorporated in Hong Kong and were dissolved by deregistration in 2001, 2009 and 2017 respectively.

Dr. Chan was a director of each of Best United, Hill Point and Market Link when each such company was dissolved. Best United and Hill Point were investment holding companies, and Market Link was engaged in the business of consultancy. All such companies had ceased operation before dissolution, and each company was solvent at the time when it was dissolved.

The dissolution of these companies has not resulted in any obligations or liabilities against Dr. Chan.