The board of directors of CCT Fortis Holdings Limited announced that Mr. Tam Ngai Hung, Terry ("Mr. Tam") has resigned as an executive Director, the Deputy Chairman of the Company and a member of each of the remuneration committee (the "Remuneration Committee") and the nomination committee (the "Nomination Committee") of the Board with effect from 12 May 2022, due to personal health reasons. Following Mr. Tam's resignation as an executive Director, he has been appointed as the Consultant to the Company with effect from 12 May 2022. The Board further announced that following the resignation of Mr. Tam, Ms. Cheng Yuk Ching, Flora, an executive Director, has been appointed as the Deputy Chairman of the Company, a member of each of the Remuneration Committee and the Nomination Committee with effect from 12 May 2022.