Major Holdings Limited announced that reference is made tp the announcement dated May 1, 2024 in relation to among others announced the resignation of Mr. Ngai Hoi Ying as an independent non-executive director of the Company. Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the Announcement. The Board would like to provide further information in relation to the reason for Mr. Ngai's resignation.

The Board was informed by Mr. Ngai that he resigned as an independent non- executive Director of the Company because he wanted to devote more time to his own business in the People's Republic of China and overseas.