The Board of FDB Holdings Limited announced that each of Mr. Chan Yuk Sang, Mr. Wan Chi Wai Anthony and Mr. Lau Kwok Fai Patrick has been appointed as an independent non-executive Director on January 12, 2018. Mr. Chan, aged 72, has more than 30 years of experience in the banking and finance industry. Mr. Chan has been an executive director of Asia Resources Holdings Limited since April 2017 and an independent non-executive director of Four Seas Mercantile Holdings Limited since July 2000. Mr. Wan, aged 42, possesses professional experience in both the accounting and legal fields. He is currently a partner in the corporate, private equity, M&A and commercial practice of King & Wood Mallesons, Hong Kong. Mr. Wan was an associate in the assurance and business advisory services department of PricewaterhouseCoopers Ltd. from August 1997 to May 2001 with his last position held there as senior associate. Mr. Lau, aged 45, has more than 20 years of experience in the fields of accounting, auditing, financial advisory and corporate governance. From July 2011 to June 2016, Mr. Lau served in various positions, including deputy general manager, financial controller and company secretary, in China City Railway Transportation Technology Holdings Company Limited (now known as BII Railway Transportation Technology Holdings Company Limited). The Board announced that, with effect immediately from January 12, 2018: Mr. Chan Chun Hong has been resigned as an independent non-executive Director, and ceased to be the chairman of the nomination committee of the company, and a member of each of the audit committee of the company and the Remuneration Committee; Mr. Chan Kai Nang has been resigned as an independent non-executive Director, and ceased to be the chairman of the Audit Committee, and a member of each of the Nomination Committee and the Remuneration Committee; Mr. Lau Yiu Kit has been resigned as an independent non-executive director, and ceased to be the chairman of the Remuneration Committee, and a member of each of the Audit Committee and the Nomination Committee; and Dr. Wu Chun Wah has been resigned as an independent non-executive director, and ceased to be a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee. The Board announced that with effect from 12 January 2018, Mr. Lau Kwok Fai Patrick, Mr. Chan Yuk Sang and Mr. Wan Chi Wai Anthony have been appointed as members of the audit committee of the company with Mr. Lau Kwok Fai Patrick being re-designated as the chairman; Mr. Wan Chi Wai Anthony and Mr. Chan Yuk Sang have been appointed as members of the remuneration committee of the company with Mr. Wan Chi Wai Anthony being re-designated as the chairman; and Mr. Chan Yuk Sang, Mr. Wan Chi Wai Anthony and Mr. Lau Kwok Fai Patrick have been appointed as members of the nomination committee of the company.