The board of directors of Digital China Holdings Limited announced that: Mr. Wong Man Chung, Francis ("Mr. Wong") has notified the Board of his decision to retire as an independent non-executive Director by rotation at the annual general meeting of the Company to be held on 27 June 2024 (the "AGM") and will not offer himself for re-election in order to maintain good corporate governance practices of the Company as he had served on the Board for more than seventeen years and to devote more time to his personal commitment. With effect from the retirement at the conclusion of the AGM, Mr. Wong will also cease to be the chairman of the audit committee, a member of the remuneration committee and nomination committee of the Company; Miss Ni Hong (Hope) ("Miss Ni") has notified the Board of her decision to retire as an independent non-executive Director by rotation at the AGM and will not offer herself for re-election in order to maintain good corporate governance practices of the Company as she had served on the Board for more than thirteen years and to devote more time to her personal commitment. With effect from the retirement at the conclusion of the AGM, Miss Ni will also cease to be a member of audit committee of the Company; and Mr. Chen Timothy Yung-cheng ("Mr. Chen") has notified the Board of his decision to retire as an independent non-executive Director by rotation at the AGM and will not offer himself for re-election given his current age.

With effect from the retirement at the conclusion of the AGM, Mr. Chen will also cease to be a member of nomination committee of the Company.