Summi Holdings Limited announced that, with effect from 20 July 2022: Mr. Tsang Ho Yin has been appointed as a non-executive Director; Mr. Yim Hong Cheuk Foster has been appointed as an independent non-executive Director, chairman of remuneration committee of the Company and member of audit committee of the Company; and Mr. Cheng King Yip has been appointed as an independent non-executive Director, chairman of Audit Committee, member of each of nomination committee of the Company and investment and compliance committee of the Company. Mr. Tsang, aged 36, was admitted as a solicitor in Australia and Hong Kong in May 2012 and December 2013, respectively. Mr. Tsang is currently a Partner of Stevenson, Wong & Co., specialising in corporate finance and commercial law.

Mr. Tsang obtained a bachelor in laws degree and a bachelor in commerce degree, both from the University of Melbourne, Australia in August 2008. Mr. Tsang obtained a master in laws degree from the University of Melbourne, Australia in August 2010. Mr. Tsang obtained the postgraduate certificate in laws from the City University of Hong Kong in July 2011.

Mr. Tsang is also a non-executive director of China Regenerative Medicine International Limited, the issued shares of which are listed on the GEM of The Stock Exchange of Hong Kong Limited, since January 2020 and an independent non- executive director of Crosstec Group Holdings Limited and Sterling Group Holdings Limited, the issued shares of which are both listed on the Main Board of the Stock Exchange since September 2021. Mr. Tsang was an independent non-executive director of Inno-Tech Holdings Limited from June 2019 to June 2020. Inno-Tech was a company incorporated in Bermuda with limited liability and the principal activities of the Inno-Tech Group were provision of outdoor advertising business through different advertising media network; television advertising operation; the event management business; seafood business; and money lending business in Hong Kong.

As disclosed in the announcements of InnoTech dated 1 June 2020, 3 July 2020 and 11 September 2020, Inno-Tech received a letter from the Official Receiver 's Officer dated 9 June 2020 which stated that Gram Capital Limited has filed a winding-up petition to the High Court of the Government of the Hong Kong Special Administrative Region against Inno-Tech for principal sum of HK$195,000 on 7 May 2020. On 9 September 2020, Inno-Tech was ordered to be wound up by the High Court of Hong Kong Special Administrative Region in HCCW 82/2020 and the Official Receiver was appointed as the provisional liquidator. Mr. Tsang confirmed that he was not a party to such winding-up petition and there is no wrongful act on his part leading to the cancellation of listing and liquidation of Inno-Tech; he is not aware of any actual or potential claim that has been or will be made against him as a result of the cancellation of listing and liquidation of Inno-Tech.

Mr. Tsang takes up the following roles of the following companies, the issued shares of which are listed on the Stock Exchange: the joint company secretary and authorised representative of Mabpharm Limited since May 2019; the company secretary and the authorised representative of Sunshine 100 China Holdings Limited since November 2019; the joint company secretary and authorised representative of Sundy Service Group Co. Limited since January 2021. He was also the company secretary and the authorised representative of Mobile Internet Holdings Limited from February 2020 to February 2021, the company secretary of Moody Technology Holdings Limited from January 2019 to November 2019; the company secretary and authorised representative of Sino Energy International Holdings Group Limited from November 2018 to July 2019.

Mr. Yim, aged 42, received his degree of Bachelor of Arts in Translation at Lingnan University in November 2002, degree of Master of Arts in Philosophy at the University of Nottingham in December 2003 and degree of Master of Science at the Chinese University of Hong Kong in December 2006. He was then admitted to the J. D. degree at the Chinese University of Hong Kong in December 2009 and obtained the Postgraduate Certificate in Laws from the same university in July 2010. Mr. Yim was admitted and enrolled as a barrister of the High Court of Hong Kong in May 2011, and is currently a counsel at Liberty Chambers with over 10 years of experience in the legal profession.

He is a fellow of both Hong Kong Institute of Arbitrators and Hong Kong Securities and Investment Institute. Mr. Yim is also an independent non-executive director of Yincheng International Holding Co., Limited, the issued shares of which are listed on the Main Board of the Stock Exchange since June 2022. Mr. Yim also has over seven years of experience in public service, professional and education institutions.

He is currently the chairman of the Appeal Tribunal Panel established under section 45 of the Buildings Ordinance, the legal consultant of the Junior Police Officers' Association of the Hong Kong Police Force, the honourary legal consultant of the H.K.S.A.R. Government Traffic Wardens General Union and the secretary general of Legal Profession Advancement Association Limited. Additionally, he is a director of Hong Kong Education City Limited, a member of the Joint CUHK-NTEC Clinical Research Ethics Committee, a member of the Advisory Committee of the Master Programmes offered by the School of Translation of The Hang Seng University of Hong Kong, a director of both Lingnan Hang Yee Memorial Secondary School and the Lingnan Education Organisation, a member of the Advisory Board for the Department of Translation of Lingnan University and a member of the Court of Lingnan University. Mr. Cheng, aged 33, has more than ten years of experience in providing services related to sustainability advisory and auditing, corporate governance advisory and internal control assessment.

Mr. Cheng has also been a non-executive director of Cool Link Limited, the issued shares of which are listed on the GEM of the Stock Exchange from February 2019 to January 2021. Mr. Cheng obtained a Bachelor of Business Administration in Accountancy and Management Information Systems from the City University of Hong Kong in July 2010. He is a member of the Hong Kong Institute of Certified Public Accountants, Certified ESG Analyst and Certified Information System Auditor.

Mr. Cheng is currently a committee member of Sustainability Committee of Hong Kong Institute of Certified Public Accountants. Each of Mr. Tsang, Mr. Yim and Mr. Cheng has entered into a letter of appointment for an initial term of two years from 20 July 2022, subject to re-election or retirement by rotation at the general meetings of the Company pursuant to the articles of association of the Company.