The board of directors of RMH Holdings Limited has resolved that Mr. Poon Chun Yi, an executive Director, has been appointed as the chairman of the Board in replacement of Mr. Yang Zhangxin and Mr. Cui Han as the co-chairman of the Board with effect from 27 February 2024 pursuant to article 124 of the articles of association of the Company. Each of Mr. Yang Zhangxin and Mr. Cui Han will continue to be an executive Director after the change. Mr. Poon, aged 43, obtained a bachelor's degree in business administration from the University of London.

He has extensive experience in medical and education fields. He founded an education centre, a medical clinic and a Chinese medicine clinic in Hong Kong. He is currently serving as a director of Universe Optical Company Limited and several primary and secondary schools in Hong Kong.

Mr. Poon is also committed to community work. He is the president of Tsuen Wan Lions Club and the vice chairman of Yan Oi Tong Limited. He was awarded the chief executive's community service certificate in 2023.

He has been the executive director of China e-Wallet Payment Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (stock code: 802) since 31 January 2024. Mr. Poon was a director of two companies incorporated in Hong Kong with limited liabilities which were wound up, namely, (i) Fine Ocean Limited which was principally engaged in sales of eye-wear products and was voluntarily wound up on 4 January 2022 for the reason that it could not, by reason of its liabilities, continue its business; and (ii) Hong Kong Optical Company Limited which was principally engaged in sales of eye-wear products and was ordered to be wound up by the Hong Kong court on 12 July 2021 due to a petition was made by the petitioner to wind up the company. Mr. Poon confirmed that there is no wrongful act on his part leading to the above winding up and is not aware of any actual or potential claim that has been or will be made against him as a result of the above winding up, and that his involvement in the above companies was part and parcel of his services and that no misconduct or misfeasance had been involved in the winding up of these companies.