The board of directors of Tianyun International Holdings Limited announced that, with effect from 19 April 2024: Mr. Yang Ziyuan will no longer act as the Chairman of the Board and the Nomination Committee of the Company. He will remain as an executive Director, a member of the Remuneration Committee and Chairman of the Strategic Development and Investment Committee with powers and duties suspended; Mr. Yeung Wan Yiu has been re-designated from an executive Director to a non-executive Director and has been appointed as Chairman of the Board and the Nomination Committee; and Dr. Wan Ho Yuen, Terence have been appointed as executive Director of the Company; Biographical details of Mr. Yeung is summarised as follows: Mr. Yeung, aged 47, is the Co-Founder of GLAM Capital Limited. Mr. Yeung has years of corporate management experience.

He has over 20 years of global financial market experience and is well versed in the market knowledge. He is also a director of Tianyi Holding Hong Kong Limited, a subsidiary of the Company. Mr. Yeung, through Rainbow Lead Ventures Limited (a company wholly-owned by him), is interested in 273,886,740 shares of the Company, representing approximately 27.65% of the entire issued share capital of the Company and is a substantial shareholder of the Company under Listing Rules.

His directorship appointment commenced on 21 April 2022 for a term of three years and is subject to retirement by rotation and re-election according to the articles of association of the Company. Dr. Wan Ho Yuen, Terence Dr. Wan has been appointed as an executive Director with effect from 19 April 2024. His biography is set out below.

Dr. Wan, aged 56, served as an independent non-executive director of Yues International Holdings Group Limited, from 2017 to 2021. Dr. Wan is a certified public accountant (Practicing) and a fellow member of the Hong Kong Institute of Certified Public Accountants. He is also a member of the Certified Practising Accountants of CPA Australia.

Dr. Wan obtained Bachelor Degree of Art (Hon) from the Bolton Institute of Higher Education in 1996, a Master Degree in Business from the Victoria University of Technology in 1997, a Master Degree in Art from the City University of Hong Kong in 2000, a Bachelor Degree in Law from Tsing Hua University in 2004, a Doctor degree in Philosophy in Business Administration from the Bulacan State University in 2006 and a Master Degree of Science in Real Estate from the Liverpool John Moores University in 2023.