The board of directors of Universal Star (Holdings) Limited announced that Mr. Lai Wai Leuk has resigned as an independent non-executive Director, chairman of the audit committee of the Company and member of the nomination committee of the Company with effect from 27 March 2022 due to his other work committee. Following the resignation of Mr. Lai as an independent non-executive Director, (i) Mr. Lai ceased to be the chairman of the Audit Committee and the Audit Committee will comprise only two members, being Mr. Zhang Jiantao, the non-executive Director, and Mr. Yan Aru, the independent non-executive Director and (ii) Mr. Lai also ceased to be the member of the Nomination Committee and the Nomination Committee will comprise only two members, being Ms. Li Li, the executive Director, and Mr. Yan Aru, the independent non-executive Director.