HangKan Group Limited at its AGM held on June 24, 2019, announced that Mr. Ko Yat Fei (Mr. Ko) did not offer himself for re-election due to his personal commitments on his other business and accordingly retired as an independent non-executive Director of the company upon the conclusion of the AGM. Following the retirement of Mr. Ko as an independent non-executive Director, he ceased to be the chairman of the audit committee of the company, the chairman of the remuneration committee of the Company and the member of the nomination committee of the Company upon the conclusion of the AGM. The Board announced that Mr. Lee Ming Tung (Mr. Lee) has been appointed as an independent non-executive Director immediately after the conclusion of the AGM on 24 June 2019. Mr. Lee is an associate member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators in the United Kingdom, a fellow member of The Taxation Institute of Hong Kong, a Certified Tax Adviser of Hong Kong, a Certified Management Accountant of Australia and a member of Institute of Public Accountant of Australia. With effect from 24 June 2019, Mr. Lee has been appointed as the chairman of the Audit Committee, the chairman of the Remuneration Committee and a member of the Nomination Committee.