The board of directors of National Arts Entertainment and Culture Group Limited announced that Prof. Wong Lung Tak Patrick has tendered his resignation as (i) an independent non- executive Director; and (ii) a member of each of the audit committee, the nomination committee and the remuneration committee of the Board with effect from 1 January 2019, due to his other personal commitments which require more of his time. Following the resignation of Prof. Wong, the Company will have only two independent non-executive Directors and two members of each of the audit committee, the remuneration committee and the nomination committee of the Board.