The Board of Directors of Ying Li International Real Estate Limited announced the following with effect from 10 August 2023: (a) Mr. Tan Sek Khee has resigned as an Independent Director of the Company. Following his resignation, he shall step down as the chairman of the Remuneration Committee ("RC") and a member of the Audit Committee ("AC") accordingly. (b) Mr. Loh Weng Seng Vincent ("Mr Vincent Loh") has been appointed as an Independent Director and the chairman of the RC of the Company.

(c) Madam Ma Jieyu has been appointed as a member of the AC of the Company.