Wah Ha Realty Company Limited announced Mr. Au-Yang Cheong Yan, Peter (Mr. "AU-YANG") has tendered his resignation as an Independent Non-executive Director, the chairman of the Audit Committee as well as a member of each of the Remuneration Committee and the Nomination Committee of the Company with effect from 1 November 2022 due to his other commitments. Mr. AU-YANG has confirmed that he has no disagreement with the Board in relation to his resignation as an Independent Non-executive Director, and there is no other matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). Subsequent to the resignation of Mr. AU-YANG, Mr. Chan Woon Kong, an Independent Non-executive Director, the chairman of the Remuneration Committee as well as a member of each of the Audit Committee and the Nomination Committee of the Company, has been appointed the chairman of the Audit Committee of the Company to fill the vacancy left by Mr. AU-YANG with effect from 1 November 2022.