The board of directors of Ka Shui International Holdings Limited announced that Ms. YAM Suk Yee, Celia has tendered her resignation as the company secretary of the Company (the "Company Secretary"); and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Authorised Representative") with effect from 24 August 2022. Following the resignation of Ms. Yam, the Board further announces that Ms. LEUNG Lai Seung ("Ms. Leung") has been appointed as the Company Secretary and the Authorised Representative of the Company with effect from 24 August 2022. The biographical details of Ms. Leung are set out as follows: Ms. Leung is a fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom, with the designations of chartered secretary and chartered governance professional.

She holds a professional diploma in company secretaryship and administration from Hong Kong Polytechnic (now known as Hong Kong Polytechnic University) and an executive diploma in corporate governance and pragmatic business ethics from The University of Hong Kong. Prior to joining the Company, Ms. Leung was the company secretary of Bay Area Gold Group Limited (formerly known as China Force Oil & Grains Industrial Holdings Co. Ltd., China Precious Metal Resources Holdings Co.

Ltd. and Munsun Capital Group Limited respectively) (stock code: 1194) for the period from January 2017 to July 2022. She also previously served as the company secretary of TFG International Group Limited (formerly known as Morning Star Resources Limited and Ceneric (Holdings) Limited respectively) (stock code: 542) for the period from August 2011 to December 2016, all of which are listed on the Main Board of the Stock Exchange. Ms. Leung possesses over 25 years of experience in providing company secretarial and regulatory compliance services as well as corporate governance and investor relations matters for listed companies.

Having considered Ms. Leung's background and working experience, the Board is of the view that Ms. Leung possesses the qualification and relevant experience required under Rule 3.28 of the Listing Rules and is capable of discharging her duty as the Company Secretary.