Linmon Media Limited announced that Ms. Szeto Kar Yee Cynthia has tendered her resignation as the joint company secretary of the Company and the authorized representative for the acceptance of service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) due to other work arrangements, with effect from 21 June 2023. The company also announced that Ms. Ng Ka Man has been appointed by the Company as the Joint Company Secretary and the Process Agent in replacement of Ms. Szeto, with effect from 21 June 2023. Ms. Li Zhen will continue to serve as the other Joint Company Secretary.

Ms. Li was appointed as the Joint Company Secretary on 24 September 2021. She has been serving as the director of the capital and strategy department since June 2017 and the board secretary of Shanghai Linmon Picture Media Co. Ltd. since July 2021.

Ms. Li has over 10 years' experience in investment management and corporate governance matters. She worked consecutively as an analyst and an associate director at UBS Securities Co. Ltd., a fully licensed securities firm focusing on securities brokerage, securities investment consultancy and securities underwriting and sponsoring, from July 2012 to May 2015, responsible for providing services with respect to corporate mergers and acquisitions, financing and IPO.

She served as an assistant to the chief executive officer of CRP-Fanya Investment Consultants (Beijing) Limited, a subsidiary of China Renaissance Holdings Limited focusing on investment advisory, financial consultancy, business consultancy and market information consultancy, from June 2015 to August 2016, responsible for assisting the chief executive officer in external business development and internal affairs management, and an associate at the investment banking division of China Renaissance Securities (China) Co. Ltd., another subsidiary of CR Holdings focusing on securities brokerage, securities investment consultancy and securities underwriting and sponsoring, from September 2016 to May 2017, responsible for providing services for corporate mergers and acquisitions, financing and IPO. Ms. Li obtained a bachelor's degree of management (major in accounting) from Renmin University of China in July 2011.

Ms. Ng is a senior manager of the listing services department of TMF Hong Kong Limited and is responsible for the provision of corporate secretarial and compliance services to listed company clients. She has over 18 years of experience in the company secretarial field. Ms. Ng is an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

The Stock Exchange has granted a waiver to the Company from strict compliance with the requirements under Rules 3.28 and 8.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, for the remaining waiver period in relation to Ms. Li's eligibility to act as the Joint Company Secretary, on the conditions that Ms. Li must be assisted by Ms. Ng during the New Waiver Period; the waiver could be revoked if there are material breaches of the Listing Rules by the Company; and the Company will announce the reasons, details and conditions of the waiver, the qualifications and experience of both Ms. Li and Ms. Ng. The Stock Exchange expects that, before the end of the New Waiver Period, the Company must demonstrate and seek the Stock Exchange's confirmation that Ms. Li, having had the benefit of Ms. Ng's assistance during the New Waiver Period, has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary. The waiver will be withdrawn or changed if the Company's situation changes.