The board of directors of GBA Holdings Limited announced that with effect from 30 September 2022, Mr. Tam King Ching, Kenny (Mr. Tam) has resigned as an independent non-executive director, and a member of each of the audit committee, the remuneration committee and the nomination committee of the company due to his personal commitments. The board announced that Mr. Lam Chi Keung (Mr. Lam) has been appointed as an independent non-executive director, and a member of each of the Audit committee, the remuneration committee and the nomination committee with effect from 30 September 2022. Mr. Lam, aged 52, has over 26 years of professional experience in accounting and financial management.

He has held various senior accounting and advisory related positions in international accounting firms and listed companies. Mr. Lam obtained a bachelor degree of science in accounting from Brigham Young University-Hawaii in December 1996. He also obtained a master degree of science in e-commerce from the Chinese University of Hong Kong in December 2002.

Mr. Lam is a fellow of the Hong Kong Institute of Certified Public Accountants and a member of the American Institute of Certified Public Accountants. Mr. Lam has been acting as a senior consultant at Frank Forensic and Corporate Recovery Limited since 2021. His career pertains to business consulting, corporate recovery and reorganization advisory and litigation support.

Mr. Lam is currently an independent non-executive director of Universe Entertainment and Culture Group Company Limited and Nanfang Communication Holdings Limited. Mr. Lam has entered into a letter of appointment dated 30 September 2022 with the company. He is entitled to receive a director's remuneration of HKD 120,000 per annum, which is determined by the Board or its delegated committee with reference to his duties and responsibilities within the company as well as the prevailing market conditions.

He has been appointed as an independent non-executive Director for an initial term of one year commencing from the date of appointment and his directorship in the company is subject to retirement by rotation and re-election at the next following annual general meeting of the company in accordance with the bye-laws of the company.