The board of directors of Power Financial Group Limited announced that Mr. Kwok Sze Kong has tendered his resignation as an independent non-executive Director, the chairman of the audit committee of the Board, a member of the remuneration committee of the Board and a member of the nomination committee of the Board ("Nomination Committee"), all with effect from 30 September 2021, in order to devote more time to other business and personal commitments. The Board announced that in contemplation of Mr. Kwok's resignation, Ms. Chan Lai Ping has been appointed as an independent non-executive Director, the chairperson of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee, all with effect from 30 September 2021. Ms. Chan is the financial controller and company secretary of China Demeter Financial Investments Limited, since 18 November 2015.