The board of directors of HKBN Ltd. announced that Mr. Chu Kwong YEUNG (Mr. Yeung), the Executive Director of the Company, ceased to be the chairman of the Nomination Committee of the Company with effect from 28 October 2021 due to increased management responsibilities at the Group. After the resignation, Mr. Yeung is no longer the chairman or a member of the Nomination Committee of the Company, but he remains to be the Executive Director and a member of the Remuneration Committee of the Company. Mr. Bradley Jay HORWITZ (Mr. Horwitz), the Independent Non-executive Director of the Company, has been appointed as the chairman of the Nomination Committee of the Company with effect from 28 October 2021. After the Appointment, Mr. Horwitz is the chairman of the Board and the Nomination Committee, and a member of the Audit Committee of the Company. Mr. Yeung confirmed that he has no disagreement with the Board and the Board Committee and there is no other matter in connection with his Resignation that should be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Mr. Horwitz has over 30 years of experience in the wireless and telecommunication industry. Mr. Horwitz is one of the Co-Founders of Trilogy International Partners, and currently serves as the Chief Executive Officer and a director of the company.