The boardof directorsof Basetrophy Group Holdings Limited (the "Company", together with its subsidiaries, the "Group") hereby announces that Mr. Ng Ki Man ("Mr. Ng") resigned as an independent non-executive Director with effect from 2 June 2023 due to his personal commitments on other businesses. Mr. Ng has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention to the shareholders of the Company (the "Shareholders") or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board would like to express its gratitude to Mr. Ng for his service and contribution to the Group during his tenure of office.

The Board announced that Mr. Tao Ming Lee Martin ("Mr. Tao") has been appointed as an independent non-executive Director with effect from 2 June 2023. Mr. Tao Ming Lee Martin, aged 66, has approximately 44 years of experience in engineering. Mr. Tao is currently a M & E manager in Yearfull Contracting Limited.

He has been a member and a chartered engineer of the Chartered Institution of Building Services Engineers since June 2022 and July 2022, respectively. Mr. Tao has been a safety officer registered in Hong Kong since Jan 1998. The Board further announces the change of members of the board committees as follows with effect from 2 June 2023: Following his resignation as an independent non-executive Director, Mr. Ng also resigned as the chairman of the audit committee of the Board (the "Audit Committee"), and a member of each of the remuneration committee (the "Remuneration Committee") and the nomination committee (the "Nomination Committee") of the Board; Following his appointment as an independent non-executive Director, Mr. Tao has also been appointed as a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; and Mr. Ngok Ho Wai, an independent non-executive Director, has been appointed as the chairman of the Audit Committee.