As set out in the announcement of Seazen Group Limited dated 4 June 2024 and the Circular, Mr. Chen Huakang would retire from office upon the conclusion of the AGM and would not offer himself for re-election at the AGM in order to maintain good corporate governance practices of the Company as he had served on the Board for more than eleven years and to devote more time to his personal endeavors. Accordingly, with effect from the conclusion of the AGM, Mr. Chen retired as an independent non-executive Director and ceased to be the chairman of the Audit Committee and a member of the Remuneration Committee. The Board announce that Ms. Wu Ke was duly appointed as an independent non-executive Director at the AGM for a term of two years commencing from the conclusion of the AGM.

The Board further announces that following the retirement of Mr. Chen Huakang and the appointment of Ms. Wu Ke as an independent non-executive Director, Ms. Wu Ke was appointed as the chairman of the Audit Committee and a member of the Remuneration Committee.