The board of directors of Imperial Pacific International Holdings Limited (the ‘Company’, together with its subsidiaries, the ‘Group’) announced that with effect from 1 February 2021, Mr. Ip Mei Shun (‘Mr. Ip’) has been appointed as an independent non-executive Director and a member of each of the audit committee, remuneration committee and nomination committee of the Board. Mr. Ip, is currently engaged with a company which is applying for Type 9 (Asset Management) regulated activity licence by the Hong Kong Securities and Futures Commission (‘SFC’). He was the Managing Partner of Avantfaire Investment Management Limited, which is licensed by the SFC for carrying out Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities.