The board of directors of Starlight Culture Entertainment Group Limited hereby announced the following changes regarding the Board with effect from 20 September 2023: Mr. Wong Wai Kwan (Mr. Wong) has tendered his resignation as an independent non-executive Director due to his other business engagements which require more of his attention and dedication. Following Mr. Wong's resignation, he also ceased to be the chairman of the audit committee of the Board and a member of each of the remuneration committee of the Board, the anti-money laundering committee of the Board and the investment steering committee of the Board. Mr. Michael Ngai Ming Tak ("Mr. Ngai") has tendered his resignation as an independent non-executive Director due to his other business engagements which require more of his attention and dedication.

Following Mr. Ngai's resignation, he also ceased to be the chairman of the Remuneration Committee, and a member of each of the Audit Committee, the nomination committee of the Board and the Investment Steering Committee. Following the aforesaid resignations, the Board announces that Mr. Niu Zhongjie (Mr. Niu), an existing independent non-executor Director, has been appointed as the chairman of the Audit Committee and a member of each of the AML Committee and the Investment Steering Committee, with effect from 20 September 2023. Mr. Xu Zhihao (Mr. Xu), an existing independent non-executive Director, has been appointed as the chairman of the Remuneration Committee and a member of the Investment Steering Committee, with effect from 20 September 2023.

Please refer to the Company's announcement dated 5 September 2023 for the biographical details of Mr. Niu and Mr. Xu, respectively.