The board of directors of Wong's International Holdings Limited hereby announced that, with effect from 29 November 2022, Mr. Cheung Chi Chiu, David ("Mr. Cheung") has resigned as an Independent Non-executive Director of the Company due to his personal health. Mr. Cheung has confirmed that he has no disagreement with the Board, and there are no other matters relating to the Resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Lo Wai Ho, Ashley ("Mr. Lo") has been appointed as an Independent Non-executive Director of the Company with effect from 29 November 2022.

Mr. Lo, aged 57, is a non-executive director and one of the founders of Edvance International Holdings Limited. Mr. Lo has over 30 years of experience in the information technology industry. Prior to founding Edvance International in 2002, he was a software engineer of DATAP Systems Division of Sandwell Inc., whose principal business is the development of IT systems, from December 1989 to August 1992, and he was responsible for system development.

Mr. Lo was a system engineer of Epic Data Division of Sylogist Ltd., which is principally engaged in the development of IT systems, from September 1992 to October 1995, and he was responsible for system development. From 1999 to August 2002, Mr. Lo was a technology director of Edeas Limited, a digital agency based in Hong Kong. Mr. Lo graduated from the University of British Columbia in Canada with a Bachelor of Applied Science in Electrical Engineering in May 1989.

Mr. Lo does not hold any position with the Company and its subsidiaries. Save as disclosed above, he did not hold any directorship in other listed companies in the past 3 years. Mr. Lo does not have any relationship with any other Directors, senior management, substantial or controlling shareholders of the Company (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Immediately following the Resignation on 29 November 2022, Mr. Cheung has also ceased to be a member of the Nomination Committee of the Board. Mr. Lo, the newly appointed Independent Non-executive Director of the Company, has been appointed as a member of the Nomination Committee with effect from 29 November 2022.