Capital Estate Limited resigned as independent non-executive Director, the chairman of the audit committee and a member of each of the nomination committee and the remuneration committee with effect from 1 April 2022 due to his other business commitments. Mr. Yeung Chi Wai ("Mr. Yeung") has been appointed as independent non-executive Director,the chairman of the audit committee and a member of each of the nomination committee and the remuneration committee of the Company with effect from 1 April 2022. The Board considered and accepted the recommendation from the nomination committee of the Board to appoint Mr. Yeung as independent non-executive director and chairman of the audit committee, after reviewing his qualification and working experience.