The board of directors of Universal Star (Holdings) Limited announced that Mr. Lu Qingxing ("Mr. Lu") has tendered his resignation as a non-executive Director of the Company with effect from 1 January 2023 as he intended to devote more time to his other business engagements. Mr. Lu has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation from the position that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. The Board would like to take this opportunity to thank Mr. Lu for his contributions to the Company during his tenure of office as a non-executive Director of the Company.