The board of directors of Cathay Media and Education Group Inc. announced that Ms. Chow Yuk Yin Ivy ("Ms. Chow") has tendered her resignation as the Company's joint company secretary ("Joint Company Secretary"), and Mr. Sun Haitao ("Mr. Sun") has tendered his resignation as another Joint Company Secretary and ceased to act as the authorized representative of the Company (the "Authorised Representative") under Rule 3.05 of
the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), with effect from 27 May 2022. The Board announced that Mr. Lau Chi Hung ("Mr. Derek Lau"), executive Director and the Group's chief financial officer, has been appointed as company secretary of the Company and an Authorised Representative with effect from 27 May 2022. Mr. Derek Lau has accumulated over 25 years of experience in corporate finance, accounting, auditing, company secretarial affairs and investor relations management. He is a practising member of Hong Kong Institute of Certified Public Accountants, a fellow member of each of The Association of Chartered Certified Accountants and The Institute of Chartered Accountants in England and Wales, a chartered tax adviser and an associate member of The Taxation Institute of Hong Kong.