IntelliCentrics Global Holdings Ltd. announced that reference is made to (i) the circular of the Company dated October 28, 2022 in relation to the annual general meeting of the Company to be held on December 15, 2022; (ii) the notice of AGM dated October 28, 2022; and (iii) the form of proxy issued by the Company in respect of, among other things, the proposed re- election of certain directors of the Company at the AGM. As disclosed in the AGM Circular, Ms. Huang Yi-Fen would retire as an independent non-executive Director at the conclusion of the AGM. Due to change in personal circumstances of Ms. Huang, the board of Directors has resolved not to recommend Ms. Huang for re-election at the AGM.

Ms. Huang's retirement shall take effect at the conclusion of the AGM. Simultaneously with her retirement as independent non-executive Director, Ms. Huang will also cease to be a member of the audit committee and the nomination committee of the Company. Ms. Huang confirmed that, as at the date of this announcement, she has no disagreement with the Board and she is not aware of any matter relating to her retirement that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.

The Board would like to express its sincere gratitude to Ms. Huang for her contribution to the Company during her term of office. It has come to the attention of the Board that, on August 10, 2022, Taipei District Prosecutors Office issued an indictment against Ms. Huang in relation to an alleged breach of Article 20(2) of the Securities and Exchange Act in Taiwan in connection with a company in which Ms. Huang serves as the finance manager. To the knowledge of the Board (other than Ms. Huang) having made all reasonable enquiries, the Indictment does not relate to the current affairs of the Group, and since Ms. Huang is an independent non-executive Director who does not participate in the day-to-day management and operations of the Group, the Board considers that the Indictment has no material adverse impact to the Group.