The board of directors of Sanbase Corporation Limited announced that Law Chun Yat has been appointed as an independent non-executive Director and a member of each of the remuneration committee, the nomination committee and the audit committee of the Company with effect from February 25, 2022. Law has over 8 years of experience in accounting, auditing and taxation matters. Law is a member and Certified Public Accountant (Practising) of The Hong Kong Institute of Certified Public Accountants.

The board also announced that Dr. Sung Tak Wing Leo, the existing company secretary of the Company, has been re-designated as a joint company secretary of the Company and ceased to be an authorised representative of the Company under Rule 5.24 of the GEM Listing Rules and an authorised representative of the Company for the acceptance of service of process and notices in Hong Kong on its behalf as required under Rule 24.05(2) of the GEM Listing Rules and under the Part 16 of the Companies Ordinance respectively with effect from February 25, 2022. Dr. Sung will continue to act as the executive director of the Company. Following the abovementioned re-designation and cessation of Dr. Sung, the board announced that Huang Shiyao has been appointed as the other Joint Company Secretary, the Authorised Representative and the Process Agent respectively with effect from February 25, 2022.

Huang has over 5 years of experience in the field of corporate governance and company secretarial services.