The board of directors of CBK Holdings Limited announced that Mr. Yue Dinglong has resigned as the chairman of the Board ("Chairman"), an executive Director, and a member of each of the nomination committee ("Nomination Committee"), the remuneration committee (the "Remuneration Committee") and the legal compliance committee (the "Legal Compliance Committee") of the Company, effective 10 July 2024, due to other business commitment; and The Board further announced that Mr. Zhang Yuhao has resigned as an independent non-executive Director, and a member of each of the audit committee (the "Audit Committee"), the Nomination Committee, the Remuneration Committee and the Legal Compliance Committee of the Company, effective 10 July 2024, due to other business commitment. Mr. Chow Yik ("Mr. Chow"), an executive Director, has been appointed as the Chairman, replacing Mr. Yue with effect from 10 July 2024. After the appointment, Mr. Chow will continue to be responsible for managing the Company.

Mr. Chow will continue to serve as a member of the Nomination Committee of the Company, and the chairman of each of Remuneration Committee and Legal Compliance Committee of the Company.