The board of directors of Zioncom Holdings Limited announced that with effect from 30 October 2022 Mr. Zhao Xiuming, Mr. Tang Yuxiao and Ms. Cai Peiyao have been appointed as an executive Director. Mr. Lam Chiu Chuen has been appointed as an independent non-executive Director. Mr. Zhao Xiuming: Mr. Zhao, aged 47, obtained a professional degree in Electric Automation from (transliterated as Sichuan Construction Material Vocational School), which was renamed as (transliterated as the Southwest College of Engineering) and as (transliterated as Southwest University of Science and Technology) in Sichuan in 1996 and a professional degree in business management from (transliterated as the University of Broadcast Television in Jilin) in 2006.

He was an engineer from 1998 to 2013 in Jilin Province Maxcourt Hotel Limited and (transliterated as Jilin Dingtai Enterprise Development Company Limited). He has been doing business since 2013. Mr. Tang Yuxiao: Mr. Tang, aged 48, obtained his bachelor degree in 1996 from Shanghai University.

Mr. Tang has more than 25 years of experience in media and entertainment industry. He was an officer with (transliterated as Shanghai Yongle Company Limited) from 1996 to 2009. In 2004, Mr. Tang was promoted as general manager until his left that company in 2009.

Since 2009, Mr. Tang served as the general manager of (transliterated as Shanghai Junjie Advertising Company Limited). Since 2010, Mr. Tang also founded (transliterated as Fenghua Rock Forward Company Limited) and he has been a director of that company since then. From 2014 and up to the date hereof, Mr. Tang has also been the managing director of (transliterated as Little Shadow Painting (Shanghai) Film and Television Media Co., Ltd).

Ms. Cai Peiyao: Ms. Cai, aged 35, received her Bachelor of Laws degree from the East China University of Political Science and Law, and her Masters in Laws degree from The Chinese University of Hong Kong. She has been a People's Republic of China registered lawyer since 2011 and a Hong Kong registered foreign lawyer since 2015. Ms. Cai is a registered foreign lawyer with Fongs solicitors and is experienced in cross border transactions, mergers and acquisitions, corporate finance, initial public offerings and civil litigation.

Mr. Lam Chiu Chuen: Mr. Lam, aged 37, obtained his Bachelor of Business Administration from The Hong Kong Polytechnic University. Mr. Lam has more than 10 years' experiences in finance and accounting field. Mr. Lam started his career with BDO Limited in February 2011.

He left BDO Limited in December 2013 with his last position as Assistant Manager. Mr. Lam worked with PricewaterhouseCoopers from December 2013 to March 2017 with his last position as Manager. From March 2017 to December 2019 Mr. Lam served as the financial controller of Hang Yi Holdings Limited.

Since December 2019, Mr. Lam has been Senior Finance Manager of GCL Technology Holdings Limited. (2) CHANGE IN COMPOSITION OF BOARD COMMITTEES: With effect from 30 October 2022, the composition of the Board committees has been changed as follows: Mr. Ng Thiam Chye (Alias Huang Tiancai) has been appointed as the chairman of the audit committee of the Company, Mr. Lam and Mr. Wang Yow Hsiong have been appointed as members of the Audit Committee. Mr. Ng has been appointed as the chairman of the remuneration committee of the Company, Ms. Cai and Mr. Wang have been appointed as members of the Remuneration Committee.

Mr. Zhao has been appointed as the chairman of the nomination committee of the Company, Mr. Ng and Mr. Wang have been appointed as members of the Nomination Committee.