The board of directors of K & P International Holdings Limited announced that Mr. Kung Fan Cheong ("Mr. Kung") has tendered his resignation as an independent non-executive director of the Company (the "Independent Non-executive Director"), the chairman of the remuneration committee (the "Remuneration Committee"), a member of the audit committee ("Audit Committee") and a member of the nomination committee of the Company ("Nomination Committee") with effect from 30 April 2023 as he intends to spend more time with his family members overseas. The Board announced that, following the resignation of Mr. Kung, Ms. Pong Suet Hing ("Ms. Pong") has been appointed as an Independent Non-executive Director, the chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee with effect from 30 April 2023. Ms. Pong, aged 69, is currently a director of Odyssey Group (International) Limited.

Ms. Pong is an affiliate member of the Hong Kong Institute of Human Resource Management ("HKIHRM"). She obtained the Professional Diploma in Human Resource Management from the Hong Kong Management Association in 2018 and obtained several certificates in connection with Hong Kong employment law and an advanced certificate in HR legal compliance from HKIHRM during 2016 to 2018. Ms. Pong has almost 20 years of experiences in human resources and has served as consultant, associate director, director and general manager in various human resources consulting companies in Hong Kong to provide recruitment, payroll, staff training, human resources solutions and compliance services to corporate clients since 2003.

Ms. Pong also has vast experiences in the financial field. She worked in several banks in Hong Kong for approximately 30 years from 1971 to 2003 and served positions including Department Head ­ Branch Banking, Vice President and Manager, and Branch Manager in retail banking with experiences covering management, operation and compliance. She also worked with several wealth management entities in Hong Kong where she had experiences in sales of investment and insurance products and management.

She obtained the Professional Diploma in Personal Financial Planning from Li Ka Shing Institute of Professional and Continuing Education of The Open University of Hong Kong (now known as The Hong Kong Metropolitan University) in 2003 and is a licensed insurance intermediary of Insurance Authority in Hong Kong. Since March 2023, Ms. Pong is an independent non-executive director of Universe Entertainment and Culture Group Company Limited.