The board of directors of Silver Tide Holdings Limited announced that Hui Nok Yi has been appointed as an executive Director of the company with effect from September 1, 2020. of Hong Kong in 2020. Ms. Hui has over 5 years of experience in the finance industry. She worked in a property management and investment consultancy office from 2014 to 2015. Prior to joining the Group, she served as an account executive and a responsible officer in a securities company in Hong Kong from 2015 to 2019. Ms. Hui is currently a director of a company engaged in advising on securities and asset management business. The company has entered into a service contract with Ms. Hui for a term of three years commencing from September 1, 2020 and ending on August 31, 2023, which is determinable by either party serving on the other not less than six months' written notice, and is subject to retirement by rotation and re-election at the annual general meetings of the company in accordance with the articles of association of the company. Pursuant to the Service Contract, Ms. Hui is entitled to a director remuneration of HKD 360,000 per annum and discretionary bonus. The remuneration package of Ms. Hui was reviewed by the remuneration committee of the company and determined by the Board with reference to market practice, her performance, qualifications and contribution to the Group.