The board of directors of IBI Group Holdings Limited announced that Mr. Richard Gareth Williams has stepped down as an independent non-executive Director, a member of audit committee of the Company, a member of remuneration committee of the Company and a member of nomination committee of the Company with effect from 4 October 2021 as he would like to devote more time to his other personal commitments. The Board further announced that Mr. Martin Woods has been appointed as an independent non-executive Director, a member of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from 4 October 2021. Mr. Woods, aged 60, is a member of The Royal Institution of Chartered Surveyors in United Kingdom since January 1985. Mr. Woods has over 30 years of working experience in the project management field. Mr. Woods has established JinWoods Limited in 2020 to provide business consulting, coaching and mentoring to senior professionals and companies operating in the real estate and construction sectors. From September 2007 to December 2019, Mr. Woods worked at CBRE Limited with last position as the Senior Managing Director, Asia Pacific in Global Workplace Solutions Department.