The board of directors of CNT Group Limited announced that Mr. Wu Hong Cho ("Mr. Wu") has resigned as a non-executive director of the Company and a member of the audit committee of the Board (the "Audit Committee") with effect from 1 December 2022 due to his desire to devote more time to his other work arrangements. The Board further announced that with effect from 1 December 2022: Mr. Wu has ceased to be a member of the Audit Committee; and Ms. Lin Yingru, an independent non-executive director of the Company, has been appointed as a member of the Audit Committee.