The board (Board) of directors (Directors) of Tang Palace (China) Holdings Limited announced Mr. Cheung Kin Ting Alfred ("Mr. Cheung") has resigned as an independent non-executive Director, the chairman of the nomination committee of the Company (the "Nomination Committee") and the members of the remuneration committee of the Company (the "Remuneration Committee") and the audit committee of the Company (the "Audit Committee") with effect from 18 April 2023, owing to his other business engagement and commitment that requires his more dedication. The Board announced that Mr. Chan Kin Shun ("Mr. Chan") has been appointed as an independent non-executive Director with effect from 18 April 2023. The biographical details of Mr. Chan are set out below: Mr. Chan, aged 63, has rich experience in leading, planning, administering, and teaching in primary school education.

From 2003 to 2020, Mr. Chan served as the principal of different primary schools, including Lok Sin Tong Lau Sai Yan Primary School, Tsang Mui Millennium School and Lee Chi Tat Memorial School. During his tenure as the principal, Mr. Chan shared high-efficiency schools and teaching experience to more than 500 schools, education bureaus and business groups in Hong Kong and the Mainland China. Mr. Chan has received various educational awards between 1999 and 2000, including the Second Outstanding Teacher Award, the Fifth Outstanding Professional Performance Award from Education Bureau and the First Outstanding Achievements in Award for Arts Education from Arts Development Council.

Mr. Chan graduated and obtained a diploma in Counselling and Guidance from the Hong Kong Shue Yan College in 1984, and obtained Bachelor's degree (Hon) in Psychology and Master's degree in Applied Psychology from the Cheltenham & Gloucester College in 1996 and 1998, respectively. The Board further announces that with effect from 18 April 2023, Mr. Chan has been appointed as the members of the Nomination Committee, Remuneration Committee and Audit Committee. Following the resignation of Mr. Cheung, Mr. Kwong Ping Man has been appointed as the chairman of Nomination Committee with effect from 18 April 2023.