SEM Holdings Limited announced that Mr. Lo Kwun Kit ("Mr. Lo") has tendered his resignation as the company secretary of the Company with effect from 7 December 2022 and has ceased to act as the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited upon his resignation. Mr. Lo has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation and cessation that need to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that Ms. Yim Ka Wing has been appointed as the Company Secretary and the Authorised Representative under Rule 3.05 of the Listing Rules in replacement of Mr. Lo with effect from 7 December 2022.

Ms. Yim obtained the degree of bachelor of accountancy from The Hong Kong Polytechnic University in 2012. Ms. Yim has approximately 10 years of working experiences in accounting, financial management and auditing. Ms. Yim has been a member of the Hong Kong Institute of Certified Public Accountants since September 2015.

The Board would like to take this opportunity to express its appreciation for the valuable contribution of Mr. Lo to the Company during his term of service and to express its warm welcome to Ms. Yim on her appointment.