Wise Ally International Holdings Limited announces that Mr. Tsang Ming Chit Stanley ("Mr. Tsang") has tendered his resignation to resign from the positions as an executive Director, the Chief Executive Officer, a member of the remuneration committee and an authorised representative under Rule 3.05 of the Listing Rules of the Company and directorships in other subsidiaries of the Company with effect from 30 September 2021, due to his desire to devote more time to his personal endeavours. The Board also announces that with effect from 30 September 2021, Mr. Chu Wai Hang Raymond, the Chairman of the Company, an executive Director and a member of the nomination committee of the Company, is appointed to succeed Mr. Tsang as the Chief Executive Officer, a member of the remuneration committee and an authorised representative under Rule 3.05 of the Listing Rules of the Company.