Sanbase Corporation Limited announced resignation of Mr. Chan Chi Kwong, Dickson as an independent non-executive Director of the Company (the "INED"), the chairman of the remuneration committee, and a member of each of the audit committee and the nomination committee of the Company with effect from 30 November 2021. The Board of the Company announces that Mr. Cheung Chi Man, Dennis, an INED and the chairman of the audit committee of the Company, has been appointed as the chairman of the Remuneration Committee (the "Appointment") with effect from 28 January 2022.