The board of directors of Ocean Star Technology Group Limited announced that with effect from 5 January 2022. Mr. Deng Guo Hong ("Mr. Deng") has resigned as an independent non-executive Director, chairman of each of the nomination committee (the "Nomination Committee") and the remuneration committee (the "Remuneration Committee") of the Board and a member of the audit committee (the "Audit Committee") of the Board in order to devote more time to other business commitments. Mr. Lai Kim Fung ("Mr. Lai") has been appointed as an independent non-executive Director, chairman of each of the Remuneration Committee and the Nomination Committee, and a member of the Audit Committee.

Mr. Lai is currently the chairman of Industry Development Committee of Hong Kong Society of Artificial Intelligence and Robotics and the founding member of China Mergers and Acquisitions Association (Hong Kong) Limited. Mr. Lai is currently the chairman of Industry Development Committee of Hong Kong Society of Artificial Intelligence and Robotics and the founding member of China Mergers and Acquisitions Association (Hong Kong) Limited.