The board of directors of CST Group Limited announced that Mr. Lee Ming Tung has tendered his resignation as an executive director of the Company with effect from 30 April 2021 in order to devote more time for his personal commitments and plan for retirement. Following his resignation, Mr. Lee ceases to be a member of the Investment and Management Committee ("IMC"); and Mr. Wah Wang Kei, Jackie, an executive director of the Company, is appointed as a member of the IMC following the resignation of Mr. Lee on 30 April 2021. Mr. Lee has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.