China Sandi Holdings Limited announced Ms. Ma Shujuan shall retire from her office as an independent non-executive Director at the AGM and will not offer herself for re-election. The retirement of Ms. Ma has been effective from the conclusion of the AGM. The Board is also pleased to announce that, as stated in the Announcement, Ms. Wong Wai Man was appointed as an independent non-executive Director with effect from the conclusion of the AGM.

Upon her retirement as an independent non-executive Director, Ms. Ma ceased to be the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from the conclusion of the AGM. Following the appointment of Ms. Wong as an independent non-executive Director, Ms. Wong was also appointed as the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee with effect from the conclusion of the AGM.