Greenheart Group Limited announced the following changes in the composition of the audit committee (the "Audit Committee"), the remuneration committee (the "Remuneration Committee") and the nomination committee (the "Nomination Committee") of the Company with effect from 13 June 2022: Mr. Lie Ken Jie Remy Anthony Ket Heng ("Mr. Lie Ken Jie"), the non-executive Director, has been appointed as a member of the Audit Committee; Mr. Kenneth Lau ("Mr. Lau"), the non-executive Director, has been appointed as a member of the Remuneration Committee; Mr. Cheung Pak To, Patrick, the independent non-executive Director, has been appointed as a member of the Nomination Committee; and Mr. Wong Man Chung, Francis has ceased to be a member of the Nomination Committee, but remained as the independent non-executive Director and the Chairman of each of the Audit Committee and the Remuneration Committee. Reference is made to the announcement of the Company dated 24 May 2022 in respect of the retirement of Mr. Tsang On-Yip, Patrick ("Mr. Tsang") from his positions of non-executive Director and member of each of the Audit Committee and the Remuneration Committee after the conclusion of the annual general meeting of the Company. Following the appointments of Mr. Lie Ken Jie and Mr. Lau as set out above, each of the Audit Committee and the Remuneration Committee comprises one non-executive Director and two independent non-executive Directors.

As a result, the Company has complied with (i) Rule 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to the composition of the Audit Committee and (ii) Article 3 of the terms of reference of the Remuneration Committee with regard to the composition of the Remuneration Committee.