The board of directors of Ausupreme International Holdings Limited informed that Mr. Ko Ming Kin, an independent non-executive director of the Company, the chairman of the audit committee and a member of the remuneration committee of the Board, passed away due to ill health on 5 October 2023. Mr. Ko has been a director of the Company since 20 July 2016. Following the passing away of Mr. Ko, the Company has two independent non-executive directors with the number of independent non-executive directors falling below the minimum number of three and does not meet the requirements under Rules 3.10, 3.21 and 3.25 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Company will seek to appoint a new independent non-executive director and to fill the vacancy of the committees of the Board as soon as practicable and within three months as stipulated under Rules 3.11, 3.23 and 3.27 of the Listing Rules.