The board of directors of Sterling Group Holdings Limited announced that, with effect from 8 July 2022, Mr. Choi Wai Hin has been appointed as an independent non-executive Director and a member of each of the audit committee, remuneration committee and nomination committee of the Board. Mr. Choi, aged 42, obtained a bachelor degree in accountancy from The Hong Kong Polytechnic University in November 2002. He is a fellow of the Hong Kong Institute of Certified Public Accountants and has 20 years of practical experience in relation to accounting, budgeting and controlling, treasury, fund raising, corporate finance, PRC tax planning, group reorganisation and regulatory requirements of capital markets in Hong Kong.

Mr. Choi has been the chief financial officer of Weiye Holdings Limited, the issued shares of which are listed on The Stock Exchange of Hong Kong Limited, since December 2019. He was also the chief financial officer of Karrie International Holdings Limited, the issued shares of which are listed on the Stock Exchange, from August 2014 to December 2019. Mr. Choi has entered into a letter of appointment with the Company for a term of three years on 8 July 2022.

Pursuant to the articles of association of the Company and the Rules Governing the Listing of Securities on the Stock Exchange, Mr. Choi shall hold office until the next general meeting of the Company and then be eligible to offer himself for re-election, and thereafter be subject to retirement by rotation and re-election at annual general meetings of the Company.