On July 11, 2017, Euro Tech Holdings Company Limited was notified that Vincent Pak Kan Wong, a member of the Board of Directors of the Company and Audit Committee of the Board had resigned. As a result, on July 11, 2017, the Board appointed Ms. Janet Cheang to fill the vacancy created by Mr. Wong’s resignation. The Board has determined that Ms. Cheang qualifies as an independent director under the rules of the NASDAQ Stock Market LLC. Ms. Cheang will also serve as a member of the Audit Committee. Janet Cheang, Age 61, is currently director of Metta Fine Arts Ltd. From 2007 to 2017, she founded and operated Pinpoint Consultancy Limited.