The board of On Real International Holdings Limited announced that Mr. Chan Shiu Man (‘Mr. Chan') has retired as independent non-executive director, the chairman of the Remuneration Committee, member of the Audit Committee and member of the Nomination Committee with effect from 2 September 2022. The Board announced that Ms. Wong Ming Kwan Victoria (‘Ms. Wong') has been appointed as an executive director of the Company with effect from 2 September 2022. Ms. Wong, aged 42, received her education in Vancouver, Canada.

She has over 10 years of extensive experience in the finance industry. Ms. Wong does not hold any other positions with the Company or its subsidiaries. Ms. Wong did not hold any directorships in other listed public companies in the past three years.

Ms. Wong does not have any relationship with any of the directors, senior management, substantial or controlling shareholders of the Company. The Board announced that Ms. Ip Sin Nam Ingrid (‘Ms. Ip') has been appointed as an independent non-executive director, a member of the Audit Committee, a member of Remuneration Committee and a member of the Nomination Committee of the Company with effect from 2 September 2022. Ms. Ip, aged 27, graduated from Boston University with a Bachelor's of Arts in Psychology and a Bachelor's of Science in Communications, majoring in Public Relations.

She has extensive experience in project management, marketing, and business development in the financial services industry. The Board announced that following the retirement of Mr. Chan, Mr. Sheng Wei has been appointed as the chairman of the Remuneration Committee with effect from 2 September 2022.