The board of directors of K Group Holdings Limited announced that Ms. Huang Qingrong ("Ms. Huang") has tendered her resignation as an independent non-executive Director with effect from 15 September 2021 due to commitment of work and business development. Ms. Huang has confirmed that she has no disagreement with the Board and there was no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company ("Shareholders") and The Stock Exchange of Hong Kong Limited ("Stock Exchange"). Following the resignation of Ms. Huang as an independent non-executive Director, she also ceased to be chairlady of the remuneration committee of the Company (the "Remuneration Committee"), member of each of the audit committee (the "Audit Committee") and nomination committee of the Company with effect from 15 September 2021. Mr. Ong King Keung, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee with effect from 15 September 2021.