Greater Bay Area Dynamic Growth Holding Limited announced the following changes of the Board and the committees of the Board. Mr. Shu Zhongwen (Mr. Shu) has resigned as an executive Director and Mr. Chen Zeng Guang (Mr. Chen) has resigned as an independent non-executive Director and the chairman of the remuneration committee (Remuneration committee), and a member of each of audit committee (Audit Committee), nomination committee (Nomination Committee) and corporate governance committee (Corporate Governance Committee) of the Board with effect from 4 June 2024 due to his other personal commitments. The Board announced that Mr. Chan Tak Hung (Mr. Chan) has been appointed as the non-executive Director with effect from 4 June 2024.

Mr. Chan, aged 47, obtained a degree in Bachelor of Business Administration from the Hong Kong Lingnan University. He has over 20 years managerial experience in the private sector and sizable company. The Board considered and accepted the recommendation from the Nomination Committee to appoint Mr. Chan as a non-executive Director, after reviewing his academic qualification and working experience.

The Board announce that Mr. Chau Cham Hin Eric (Mr. Chau) has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee, and a member of each of the Audit Committee, Nomination Committee and Corporate Governance Committee with effect from 4 June 2024. Mr. Chau, aged 64, has more than 20 years of sales and marketing experience in property industry in Hong Kong. Mr. Chau acts as a senior sales manager in Lan Kwai Fong Holdings Limited.

The Board considered and accepted the recommendation from the Nomination Committee to appoint Mr. Chau as an independent non-executive Director, the chairman of the Remuneration Committee, and a member of each of the Audit Committee, Nomination Committee and Corporate Governance Committee after reviewing his working experience. The company would like to take this opportunity to welcome Mr. Chan and Mr. Chau joining the Board as non-executive Director and independent non-executive Director.