The board of Directors of Agile Group Holdings Limited announced that Mr. Wong Shiu Hoi, Peter has, due to his advancing age and desire to ease workload so as to spare more time for his personal commitments, tendered his resignation as an independent non-executive Director, with effect from 26 June 2023. Mr. Wong has confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announced that Dr. Peng Shuolong has been appointed as an independent non-executive Director with effect from 26 June 2023.

The biographical details of Dr. Peng are set out below. Dr. Peng, aged 60, received a Master's degree in Education from Beijing Institute of Physical Education in June 1991, and a doctorate degree in Management from South China University of Technology in January 2007. In addition, Dr. Peng obtained the qualification certificate for independent director of listed companies issued by The Shenzhen Stock Exchange in July 2018.

Dr. Peng has more than 23 years of management experience. From December 2004 to July 2017, he served as a standing member of the Party Committee and vice president of South China University of Technology. From February 2014 to February 2016, he served as the deputy mayor of Liupanshui City, Guizhou Province.

From December 2013 to December 2015, he served as a standing member of the Municipal Committee of Liupanshui City, Guizhou Province. From August 1999 to February 2004, he served as the general manager of the Services Group of South China University of Technology. Dr. Peng is also an independent director of each of Guangzhou Zhiguang Electric Co.

Ltd. and Guangzhou Shangpin Home Furnishing Co. Ltd. respectively, which companies are listed on The Shenzhen Stock Exchange.