Silver Base Group Holdings Limited announced that Dr. Lee Kwok Keung Edward ("Dr. Lee") has resigned as an independent non-executive Director of the Company, the member of the audit committee, the member of the compliance committee, the member of the remuneration committee and the member of the nomination committee with effect from 25 October 2021 due to his personal health reasons and to dedicate more time to his own business. The Board announced that Mr. Tam Kim Fung ("Mr. Tam") has been appointed as an independent non-executive Director, the member of the audit committee, the member of the compliance committee, the member of the remuneration committee and the member of the nomination committee of the Company with effect from 25 October 2021. He is currently the director of corporate finance department of Skytech Creations Limited. Mr. Tam was the associate director of Maxgroup Hong Kong Limited from November 2019 to August 2021. He was the vice president of strategic investment of Kelly Digital Company Limited from April 2018 to August 2019. Mr. Tam was the director of operations of PC Securities Limited from December 2016 to March 2018. He was the project director of Gold Tact Holdings Limited from 2012 to March 2015. Mr. Tam was the senior business development manager of Get Nice Holdings Limited, a company listed on the Main Board of the Stock Exchange (stock code: 64), from April 2015 to December 2015 and was the head of risk management department of Get Nice Securities Limited from January 2016 to November 2016. Mr. Tam was the independent non-executive Director of China Oil Gangran Energy Group Holdings, from September 2018 to March 2019. Mr. Tam has extensive experience in project management, project financing in capital market and risk management in the financial industry. Mr. Tam has entered into a service contract (the "Service Contract") with the Company with a term of 3 years commencing from 25 October 2021.