The board of directors of Amasse Capital Holdings Limited announced that Mr. Tsang Jacob Chung has tendered his resignation as an independent non-executive Director of the company ("Independent Non-Executive Director") and will cease as the Chairman of the audit committee (the "Audit Committee") and a member of the remuneration committee (the "Remuneration Committee") of the company with effect from 1 July 2021 as he would like to devote more time and focus on his recent commitments. Mr. Tsang will be appointed as a consultant to the Board leveraging his extensive experience in corporate business strategy and operation following his resignation. Mr. Tsang confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention to the shareholders of the company or The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with regard to his resignation. On the same date of 1 July 2021, the Board appointed Mr. Li Wing Sum Steven as an Independent Non-Executive Director to fill the casual vacancy on the Board due to the resignation of Mr. Tsang. He has also been appointed as the Chairman of the Audit Committee and a member of Remuneration Committee. Mr. Li, aged 64, is a certified public accountant (practicing) and a director of a certified public accountant firm in Hong Kong. He is a fellow member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants. Mr. Li is currently an independent non-executive director of Wang On Properties Limited (Stock Code: 1243), a company listed on the Main Board of the Stock Exchange. Mr. Li has also been appointed as the chairman of the Audit Committee and the member of Remuneration Committee with effect from 1 July 2021. Upon the above changes: the Audit Committee comprises three Independent Non-executive Directors, namely Mr. Cheung Pak To, Mr. Li Wing Sum Steven, and Dr. Yu Yuen Ping of whom Mr. Li Wing Sum Steven is the chairman; and the Remuneration Committee comprises one executive Director and two Independent Non-executive Directors, namely Ms. Tsang Kwong Wan, Mr. Cheung Pak To and Mr. Li Wing Sum Steven, of whom Mr. Cheung Pak To is the chairman. The Board would like to take this opportunity to express its appreciation and gratitude to Mr. Tsang for his valuable contributions to the Group during his tenure of office as the Independent Non-executive Director and to welcome Mr. Li for joining the Board.