The board of directors of Tian Ge Interactive Holdings Limited announced that Mr. Lam Yiu Por has resigned as an independent non-executive Director, the Chairman of the audit committee and a member of the nomination committee of the Company with effect from June 30, 2022 as he would like to devote more time on his other work commitments. Mr. Lam Yiu Por confirmed that he has no disagreement with the Board and that there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. According to Rule 3.10 of the Rules Governing the Listing of Securities on The Stock Exchange
of Hong Kong Limited (the "Listing Rules"), the Board must include at least three independent
non-executive directors and the Company must appoint independent non-executive directors
representing one-third of the Board. Immediately following the resignation of Mr. Lam Yiu
Por, the number of independent non-executive Directors has been reduced to two, resulting in
non-compliance with the requirement prescribed under Rule 3.10 of the Listing Rules.
Pursuant to Rule 3.21 of the Listing Rules, a listed issuer must establish an audit committee
comprising non-executive directors only and the audit committee must comprise a minimum
of three members, at least one of whom is an independent non-executive director. Immediately
following the resignation of Mr. Lam Yiu Por, the number of members of the Audit Committee has
been reduced to two, resulting in non-compliance with the requirement prescribed under Rule 3.21
of the Listing Rules.