The board of directors of SmarTone Telecommunications Holdings Limited announced that Ms. Anna Yip has tendered her resignation as Executive Director, and the Authorized Representative1 of the Company with effect from 17 August 2020 to pursue other career interests. Ms. Yip shall remain as a consultant to the Board after 17 August 2020 for a period of time to help with the transition of duties. The Board would like to thank Ms. Yip for her leadership and contributions over the past four years, and wish her the best in her future endeavors. The company is now in the course of identifying a suitable candidate for the role of Chief Executive Officer of the company. Mr. Fung Yuk-lun, Allen, a Deputy Chairman and a Non-Executive Director of the Company, will be re-designated as an Executive Director of the Company. During this transitional period, Mr. Fung, together with the current senior management team, will take up the responsibilities of Ms. Yip and lead the Company. In addition, Mr. Chau Kam-kun, Stephen (being an Executive Director of the Company) has been appointed as the Authorized Representative with effect from 17 August 2020.