The board of directors of Man Yue Technology Holdings Limited announced with deepest grief that Dr. Li Sau Hung, Eddy, GBS, JP ("Dr. Li"), an Independent Non-executive Director of the Company, the Chairman of the Nomination Committee and a member of the Audit Committee and the Remuneration Committee of the Company, passed away on 25 March 2024. Following the passing away of Dr. Li, (i) the Company has three Independent Non-executive
Directors meeting the requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and (ii) Mr. Yung Wing Ki, Samuel, currently an Independent Non-executive Director of the Company, a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company, has been elected as the Chairman of the Nomination Committee.