The board of directors of KEYNE LTD announced that with effect from 1 July 2022, Mr. Neil Kai Gu will be appointed as an independent non-executive Director, chairman of the remuneration committee and member of the audit committee and nomination committee of the Company. Mr. Gu, aged 61, obtained his degree of Master of Music from Brigham Young University in 1988 and a degree of Doctor of Musical Arts and Education from the University of Hartford. Mr. Gu has been the chief executive officer and the Chairman of the board of directors at CASIA Foundation Inc., a private and non-profit organization in the United States of America, since 2007.

Mr. Gu is also a chairman of the board of directors of CASI Foundation for Children Inc. for over eleven years. Mr. Gu has been a professor of music for twenty years and he is currently a visiting professor at Boise State University in Boise, Idaho. The Board announced that with effect from 1 July 2022, Mr. Chiu Sin Nang, Kenny will resign as an independent non-executive Director, chairman of the remuneration committee and member of the audit committee and nomination committee of the Company in order to devote more time to pursue his other business engagements which require more of his dedication of time and attention.