The board of directors of Fameglow Holdings Limited hereby announced that Mr. Chan Sing Nun has resigned as an independent non-executive Director with effect from 7 January 2021 due to his other work commitments. Following Mr. Chan Sing Nun ' s resignation, he will also cease to act as the chairman of the audit committee of the Company (the "Audit Committee") and a member of the remuneration committee of the Company (the "Remuneration Committee") with effect from 7 January 2021. The Board is pleased to announced that Mr. Tan Pui Kwan ("Mr. Tan") has been appointed as an independent non-executive Director, a member of the Audit Committee and a member of the Remuneration Committee with effect from 7 January 2021. Mr. Tan, aged 57, has over 30 years of management and marketing experience in the retail industry. The Company has entered into an appointment letter with Mr. Tan in relation to his appointment as an independent non-executive Director for a term of one (1) year commencing from 7 January 2021 which may be terminated by either party by giving to the other one months' prior notice in writing. The directorship of Mr. Tan will be subject to retirement by rotation and re-election pursuant to the articles of association of the Company and the GEM Listing Rules. Following the resignation of Mr. Chan Sing Nun, Mr. Yu Chi Wing, an independent non- executive Director, has been appointed as the chairman of the Audit Committee with effect from 7 January 2021.