The board of directors of KML Technology Group Limited announced that Mr. Yu Wing Lok Garry ("Mr. Yu") has been appointed as an independent non-executive Director, and a member of each of the nomination committee and the risk management committee of the Company with effect from 1 November 2022. The biographical details of Mr. Yu is set out as follows: Mr. Yu, age 58, is currently a director of a private equity company and has substantial experience in the field of business management and asset management. Mr. Yu is a holder of Executive Master of Business Administration (EMBA) from The University of Hull in United Kingdom and a bachelor's degree majoring management and organizational studies from Western University in Canada.

Mr. Yu has entered into a letter of appointment with the Company for a term of three year commencing on 1 November 2022 and is subject to retirement and re-election at general meetings in accordance with the Company's Articles of Association and the Rules Governing the Listing of Securities on the GEM (the "GEM Listing Rules") of the Stock Exchange. Mr. Yu is entitled to a director's fee of HKD 180,000 per annum, which was determined with reference to his qualifications, experience, his proposed duties and responsibilities, the prevailing market conditions as well as the recommendations of the remuneration committee of the Company.