Analogue Holdings Limited announced that Mr. Wong King On Samuel, an independent non-executive Director, will retire from office by rotation at the upcoming annual general meeting of the Company to be held on 27 June 2023 in accordance with bye-law 99 of the bye-laws of the Company. Mr. Wong decided not to offer himself for re-election at the 2023 AGM as he wishes to devote more time with his family. His retirement shall take effect upon the conclusion of the 2023 AGM and, accordingly, he will cease to be the chairman of the audit committee of the Board and a member of each of the remuneration committee and the nomination committee of the Board upon the conclusion of the 2023 AGM.

The announced that Ms. Shing Mo Han Yvonne has been appointed by the Board as an independent non-executive Director with effect immediately after the conclusion of the 2023 AGM. Ms. Shing Mo Han Yvonne (alias Mrs. Yvonne Law), aged 67, was appointed as a Justice of Peace of the Hong Kong Special Administrative Region of the People's Republic of China (the "HKSAR") in 2013 and awarded the Bronze Bauhinia Star by the HKSAR government in 2017. Ms. Shing was a member of the 10th, 11th and 12th Jiangsu Provincial Committee of the Chinese People's Political Consultative Conference.

Ms. Shing's current appointments include member of the Board of Governors of EXCEL (Extension and Continuing Education for Life) of The Hong Kong Academy for Performing Arts ("HKAPA"), court member of the Hong Kong Polytechnic University and advisor and member of the Finance Committee of Our Hong Kong Foundation. Ms. Shing was a partner at Deloitte Touche Tohmatsu/Deloitte China for over 26 years until May 2016. She is currently the chairman of Yinn Advisory Services Limited.

Her professional qualifications include fellow member of the Hong Kong Institute of Certified Public Accountants, Association of Chartered Certified Accountants and the Hong Kong Chartered Governance Institute (formerly known as Institute of Chartered Secretaries and Administrators). Ms. Shing graduated from the Hong Kong Polytechnic (currently known as the Hong Kong Polytechnic University) and obtained a Higher Diploma in Accountancy and was awarded of 2016/2017 Honorary University Fellow of the Hong Kong Polytechnic University. Ms. Shing has sat on a number of the HKSAR statutory committees, including, a council member of the Hong Kong Polytechnic University; and a council member and Treasurer of the HKAPA; a member of the Citizens Advisory Committee on Community Relations and Corruption Prevention Advisory Committee of the Independent Commission Against Corruption; a member of the Antiquities Advisory Board and Advisory Committee of Revitalization of Historic Buildings, and a member of the Hospital Authority.

In 2006, Ms. Shing was named as one of the China's National Hundred Outstanding Women Entrepreneurs by China Association of Women Entrepreneurs. She also received the Outstanding Alumni Award of Hong Kong Polytechnic University in 2007. Ms. Shing has been consecutively named from 2001 to 2015 in International Tax Review as one of the World's Leading Tax Advisors in Hong Kong and Mainland China.

She is also a founding member and former president of the Association of Women Accountants (Hong Kong) Limited. Ms. Shing is currently an independent non-executive director of China Resources Pharmaceutical Group Limited, CSSC (Hong Kong) Shipping Company Limited, AEON Credit Service (Asia) Company Limited and Sirnaomics Ltd. and an independent director of China Merchants Energy Shipping Co. Ltd. Ms. Shing has signed a letter of appointment with the Company for a term of 3 years to commence on 27 June 2023.

Ms. Shing, who was appointed by the Board to fill a casual vacancy, will hold office until such time and be subject to re-election by the shareholders of the Company in accordance with the bye-laws of the Company. Ms. Shing is also subject to retirement by rotation and re-election at the Company's annual general meeting at least once every three years in accordance with the bye-laws of the Company. Ms. Shing is entitled to receive a Director ' s fee of HKD 480,000 per annum, which is recommended by the Remuneration Committee to the Board and approved by the Board.

Such Director's fee is determined with reference to prevailing market conditions, as well as the demand for Ms. Shing's attention by the Company as its independent non-executive Director. Mr. Wong will cease to be the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee upon the conclusion of the 2023 AGM. The Board further announces that Ms. Shing has been appointed by the Board as chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee with effect immediately after the conclusion of the 2023 AGM to be held on 27 June 2023.