The board of directors of Crazy Sports Group Limited announces that: Resignation of Executive Director, Chief Financial Officer and Authorised Representative of the Company and Cessation of Relevant Positions Due to other personal matters which require more dedication, Ms. Cheng Po Chuen ("Ms. Cheng") has tendered her resignation as an executive Director, the chief financial officer and authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), and ceased to act as a member of the nomination committee, the remuneration committee, the environmental, social and governance committee and the executive committee of the Company, with effect from 15 November 2023. Changes in Composition of Remuneration Committee Upon the resignation of Ms. Cheng, Dr. Zhang Lijun, the Chairman of the Board and an executive Director, has been appointed as a member of the remuneration committee of the Company with effect from 15 November 2023.