The board of directors of Win Hanverky Holdings Limited announced that the appointment term of Mr. Chan Ka Kui as an independent non-executive Director of the Company expired on 6 October 2022 and Mr. Chan has indicated that he does not intend to renew his appointment term due to his other personal commitments which require more of his time and dedications. Accordingly, Mr. Chan ceased to be an independent non-executive Director of the Company with effect from 7 October 2022. Following Mr. Chan's expiration of appointment, he also ceased to be the chairman of the remuneration committee and a member of each of the audit committee and the nomination committee of the Board.

Mr. Chan has confirmed that he has no disagreement with the Board and there are no other matters in relation to his expiration of appointment that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Besides, the Board announces that Ms. Chan Kit Fun Fanny, an independent non-executive Director of the Company, has been appointed as the chairman of the remuneration committee for the replacement of Mr. Chan with effect from 7 October 2022.