The board of directors of Goldbond Group Holdings Limited announced that on 30 June 2021, the board received a notice from Mr. Cheng Yuk Wo notifying the board that due to his other business commitments, he has decided not to offer himself for re-election upon his retirement by rotation as an independent non-executive Director with effect from the conclusion of the forthcoming annual general meeting of the company to be held on or around 24 September 2021. Upon Mr. Cheng's retirement as an independent non-executive Director, he will also cease to be the chairman and a member of the audit committee and remuneration committee of the company and a member of the nomination committee of the company.