Tai United Holdings Limited announced that Mr. Xiao Yiqun ("Mr. Xiao") retired by rotation and did not offer himself to be re-elected as a non-executive Director at the Company's annual general meeting held on 27 June 2023 in order to devote more time to his personal and other business commitments. Mr. Xiao has confirmed that he has no disagreement with the Board and there is no matter regarding his retirement that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.