Sterling Group Holdings Limited announced that Mr. Chan Kee Huen Michael ("Mr. Chan") retired as independent non-executive Director and ceased to be a member of each of the nomination committee and the remuneration committee, and the chairperson of the audit committee of the Company, all with effect from the conclusion of the AGM. Mr. Chan has confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the Stock Exchange or the Shareholders. Immediately following the retirement of Mr. Chan with effect from the conclusion of the AGM on 31 August 2022, Mr. Choi Wai Hin, an independent non-executive Director, has been appointed as the chairman of the audit committee of the Company.