UNQ Holdings Limited announces that Ms. Szeto Kar Yee Cynthia has tendered her resignation as the joint company secretary of the Company. The Board is also pleased to announce that Ms. Ng Sau Mei has been appointed by the Company as the Joint Company Secretary, the Authorized Representative and the Process Agent in replacement of Ms. Szeto, with effect from 31 May 2023. Mr. Shen Yu will continue to serve as the other Joint Company Secretary of the Company.

Mr. Shen was appointed as a director of the Company in June 2020 and re-designated as an executive Director, and was appointed as the chief financial officer, and vice president of the Company in June 2020. Mr. Shen was also appointed as one of the Joint Company Secretaries with effect from June 28, 2021. Mr. Shen currently also serves as the deputy general manager and chief financial officer of UNQ Supply Chain and general manager of Shanghai Spot E-Commerce Co.

Ltd. Mr. Shen has over 15 years of experience in finance, marketing and corporate management. Mr. Shen joined the Group in September 2016, and his working experience within the Group primarily includes: serving as the director of the financial department and the director of the personnel and administration department of UNQ (Shanghai) Supply Chain Management Co. Ltd. from September 2016 to December 2017, serving as the deputy general manager and chief financial officer of UNQ Supply Chain since January 2018, serving as a director of UNQ Hong Kong Limited since November 2018 and serving as the general manager of Shanghai SPT since June 2019.

Prior to joining the Group, Mr. Shen's previous working experience primarily includes: consecutively serving as the manager of the financial department and the head of the business management department of KOSÉ Cosmetics Co. Ltd. () (currently known as Kolmar Cosmetics (Hangzhou) Co. Ltd. from September 1995 to February 2004, and serving as the head of the administrative department and director of the business department of KOSÉ Cosmetics Sales (China) Co.

Ltd. from March 2004 to August 2016.