The board of directors of CW Group Holdings Limited announced that Mr. Lee Tiang Soon has tendered his resignation as an executive Director with effect from 30 November 2018 as he would like to devote more time to his personal commitments; and Mr. Tay Choon Guan, Jimmy has resigned as the Group's head of operations and marketing for Asia-Pacific Region (excluding the People's Republic of China) with effect from 23 November 2018 as he would like to devote more time to his personal commitments. Each of Mr. Lee and Mr. Tay has confirmed that he has no disagreement with the Company and there are no circumstances relating to his resignation above which need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.