The board of directors of Moody Technology Holdings Limited announced that Mr. Lin Yugang has tendered its resignation as an independent non-executive director of the Company with effect from 18 June 2024 due to his desire to devote more time on other personal endeavors. Upon his resignation, Mr. Lin ceased to be a member of each of the audit committee and nomination committee, and the chairman of the remuneration committee of the Company. Mr. Lin has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.

The Board further announced that Mr. Guo Xianwang is appointed as an independent non-executive Director and a member of each of the Audit Committee and the Remuneration committee of the Company with effect from 18 June 2024. The biographical details of Mr. Guo are set out as follows: Mr. Guo, aged 45, obtained a bachelor's degree of business administration in accounting from Sun Yat-Sen University in 2003. Mr. Guo has over twenty years of experience in the accounting and finance fields.

Upon graduation, he served as positions of assistants, managers and controllers in various corporations including CITIC Securities South China Co. Ltd., Shengda Futures Co. Ltd. and Jianhua Construction Materials (Jingzhou) Co.

Ltd, etc. He is currently the financial controller of Yunfu Xunji Stone Industry Co. Ltd. The Board further announced that Mr. Li Gang, an independent Non-Executive Director, is redesignated as the chairman of the Remuneration Committee and a member of the Nomination Committee with effect from 18 June 2024.