The board of directors of Elegance Optical International Holdings Limited announced that with effect from the date of 9 February 2024, (i) Mr. Chan Chi Wai has been appointed as independent non-executive Director, and (ii) Mr. Hui Man Ho, Ivan has resigned as an independent non-executive Director, a member of Audit Committee, a member of Remuneration Committee and a member of Nomination Committee; and (iii) Mr. Man Wai Lun has resigned as independent non-executive Directors, the chairman and member of Remuneration Committee, the chairman and member of Nomination Committee and member of Audit Committee. The Board announced that Mr. Chan Chi Wai (" Mr. Chan") has been appointed as independent non-executive director of the Company with effect from 9 February 2024. Biographical details of Mr. Chan are set out below: Mr. Chan, aged 46, obtained a Master's degree in Business Administration from Preston University in 2005. His expertise's cover investment banking and alternative investment management. He is currently serving as a director of CNJ Capital Investment Inc., whose shares are listed on the Toronto Stock Exchange Venture Exchange. In addition, Mr. Chan is the co-founder of a well-known financial services company that focuses on inclusive finance in the middle and western regions of Canada. The Board announces that Mr. Chan will be appointed to serve as a member of each of the audit committee of the Company ("Audit Committee"), the remuneration committee of the Company ("Remuneration Committee") and the nomination committee of the Company ("Nomination Committee") with effect from 9 February 2024. Mr. Man Wai Lun ("Mr. Man") has resigned as independent non-executive Director, a chairman and a member of Remuneration Committee, the chairman and a member of Nomination Committee and a member of Audit Committee of the Company, and authorized representative (the "Authorized Representative") of the Company under Rule 3.05 of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited ("Stock Exchange") (the "Listing Rules") due to other business engagements. Mr. Hui Man Ho, Ivan ("Mr. Hui") has resigned as independent non-executive Director, a member of Remuneration Committee, a member of Nomination Committee and a member of Audit Committee of the Company due to other business engagements.