The board of directors of Grand Ocean Advanced Resources Company Limited announced that Mr. Huen Felix Ting Cheung has resigned as the company secretary of the Company with effect from 25 July 2022. Following the resignation of Mr. Huen, the Board announced that Ms. Cheng On Yi has been appointed as the Company Secretary and the financial controller of the Company with effect from 25 July 2022. Biographical details of Ms. Cheng are summarised below: Ms. Cheng obtained a bachelor's degree in business administration from the City University of Hong Kong and is a member of the Hong Kong Institute of Certified Public Accountants.

Ms. Cheng has approximately 10 years of experience in finance, accounting and auditing listed companies in Hong Kong. Before joining the Company, Ms. Cheng serviced as a senior manager in an international audit firm. Save as disclosed above, Ms. Cheng has confirmed that there is no other matter in relation to her appointment as the Company Secretary that needs to be brought to the attention of the shareholders of the Company nor any other information which is required to be disclosed pursuant to the requirements of the Listing Rules.

The Board would like to take this opportunity to express its sincere gratitude to Mr. Huen for his valuable contribution to the Company during his tenure of service and welcome Ms. Cheng on her appointment.