The board of directors of Freetech Road Recycling Technology (Holdings) Limited announced the following changes to the Board with effect from 30 December 2022. The Board announces that Mr. Tang and Dr. Lau have resigned as an independent non-executive Director with effect from 30 December 2022 in order to be more focused on their other job engagements. Upon their resignation, Mr. Tang will cease to be the chairman of Remuneration Committee and a member of Audit Committee and Nomination Committee of the Company, Dr. Lau will cease to be a member of Audit Committee and Nomination Committee of the Company. The Board announced that Prof. Lau has been appointed as an independent non-executive Director, the chairman of Remuneration Committee and a member of Audit Committee and Nomination Committee of the Company with effect from 30 December 2022; and Prof. Lai has been appointed as an independent non-executive Director and a member of Audit Committee and Nomination Committee of the Company with effect from 30 December 2022. Prof. Lau, aged 62, obtained a master of philosophy from the University of Hong Kong in November 1987 and a doctor of philosophy from the University of Washington in August 2000. He is currently a professor in the history department of Lingnan University. He has lectured at Lingnan University since September 1993. He has also been the secretary general of Hong Kong Local Records Foundations and director of Hong Kong Local Records Officer since June 2009 and the director of the history of Hong Kong and southern China research department of Lingnan University since September 2005. Prof. Lau is a current member of the seventh Hong Kong
Legislative Council. He had served as the vice chairman of the Tuen Mun District Council of Hong Kong from July 2011 to December 2011 and had been a member of the Tuen Mun District Council from January 2004 to December 2011. He has been an independent non-executive director of Shengjing Bank Co. Ltd. from July 2014 to August 2018. Prof. Lau is currently an independent non-executive director of Future Bright Mining Holdings Limited and Acme International Holdings Limited since
August 2018 and October 2019, respectively. Prof. Lai, aged 72, obtained a doctor of philosophy degree in civil engineering from Michigan State University, United States of American, in September 1977. He is currently a professor at the College of Economics, Shenzhen University, the PRC and an honorary professor at the Department of Industrial and Manufacturing Systems Engineering, the University of Hong Kong. Prof. Lai was teaching at the City University of Hong Kong from July 1985 to August 2016 where his last post was the chair professor of management science between September 2003 and August 2016. Prof. Lai
was also the dean of the College of Business Administration of Hunan University, the PRC, from February 2005 to February 2008. Prof. Lai was an independent non-executive director of Minshang Creative Technology Holdings Limited (formerly known as Food Wise Holdings Limited) from November 2016 to July 2018. Prof. Lai is also currently an independent non-executive director of Zoomlion Heavy Industry Science and Technology Co. Ltd. and Golden Century International Holdings Group Limited since June 2015 and April 2020, respectively. He has been an independent director of Bank of Communications Schroders in Shanghai since October 2018.