Sevens Atelier Limited announced Cessation of Lam Kwong Fai as Lead Independent Director, AC Chairman, RC Member and AC Member of the Company. Mr. Lam has been with the Company since October 2017. His resignation is to allow for renewal of the Board of the Company.

After having interviewed Mr. Lam and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Lam as the Company's Lead Independent Director.