The board of directors of Ka Shui International Holdings Limited announced that Mr. SETO Sai Cheong Paul has tendered his resignation as Chief Financial Officer of the Company with effect from 31 July 2023 due to his personal career development. Following Mr. Seto's resignation as Chief Financial Officer, he has also ceased to be a member of the Risk Management Committee of the Company with effect from 31 July 2023. Mr. Seto confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.