Kinetix Systems Holdings Limited announces that, Dr. He Dazhi ("Dr. He") and Mr. Tang Biao ("Mr. Tang") have tendered their resignation as an independent non-executive director and a non-executive director of the Company with effect from 3 July 2023 due to their decision to spend more time with their family and further pursue their personal interest respectively. Dr. He and Mr. Tang have confirmed that (i) they have no claim against the Company in respect of their resignation and there is no disagreement between them and the Board; and (ii) there are no matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholder of the Company in relation to their resignation. The Board would like to express its gratitude to Dr. He and Mr. Tang for their valuable contributions to the Company during their tenure of service.