The board (the "Board") of directors of Vital Innovations Holdings Limited (the "Company") announced that Mr. Lam Yiu Kin ("Mr. Lam") and Mr. Hon Kwok Ping Lawrence ("Mr. Hon") have tendered their resignations as independent non-executive Director with effect from 31 October 2020 due to their other business engagement. Following their resignations: (i) Mr. Lam will cease to be the chairman of the audit committee, and a member of each of the remuneration committee and nomination committee of the Board; and (ii) Mr. Hon will cease to be the chairman of each of the remuneration committee and risk management committee, and a member of each of the audit committee and nomination committee of the Board. The Board announced that, following the resignations of Mr. Lam and Mr. Hon, Mr. Han Xiaojing, an independent non-executive Director, has been appointed as the chairman of the remuneration committee with effect from 31 October 2020. In addition, Mr. Yin Xuquan, an executive Director, has been appointed as the chairman of the risk management committee with effect from 31 October 2020.