Superland Group Holdings Limited announced that with effect from 17 January 2024, Prof. Chau Kwong Wing (``Prof. Chau'') has resigned as an independent non-executive Director, the Chairman of the remuneration committee and a member of each of the audit committee and nomination committee of the Company, as he would like to devote more time to his personal engagements. Prof. Chau will no longer hold any position in the Company and its subsidiaries. The Board announced that with effect from 17 January 2024, Mr. Law Hung Wai, CPA (``Mr. Law'') has been appointed as an independent non-executive Director. Mr. Law, aged 66, graduated from University of London with a Bachelor Degree of Laws, Hawaii Pacific University with a Bachelor Degree of Science (Business Administration and Accounting), University of California, Berkeley with a Master's Degree of Business Administration (Finance) and University of Hawaii with a Bachelor Degree of Science (Civil Engineering). He has extensive experience in advisory, consulting and corporate finance work. Since April 2010, Mr. Law has been serving as director of TIC Associates Limited, a corporate finance advisory services consulting firm. From 2011 to February 2020, Mr. Law served as business director of a licensed corporation which carried out Type 6 regulated activity under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). From April 2005 to March 2010, Mr. Law served as general manager in finance of the Hong Kong Productivity Council and chairman of its operating units in the People's Republic of China. Mr. Law is also a Fellow member of the Hong Kong Institute of
Certified Public Accountants and the CPA Australia. Upon the resignation of Prof. Chau, he has ceased to be the Chairman of the remuneration committee and a member of each of the audit committee and the nomination committee of the Company. Mr. Law has been appointed as the Chairman of the remuneration committee and a member of each of the audit committee and the nomination committee of the Company with effect from 17 January 2024.