HBM Holdings Limited announced that Mr. Ka Chi Yau has tendered his resignation as an independent non-executive Director, the chairman of the audit committee of the Board and a member of the remuneration committee of the Board with effect from 21 June 2024 due to his desire to devote more time to his personal endeavors . Mr. Yau has confirmed that he has no disagreement with the Board and that there is no other matter in respect of the Resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited . The Board hereby announces that following the Resignation, with effect from 21 June 2024 (i) Dr. Xiaoping Ye, an independent non-executive Director, has been redesignated from a member to the chairman of the Audit Committee and redesignated from the chairman to a member of the Remuneration Committee, and (ii) Dr. Albert R. Collinson, an independent non-executive Director, has been appointed as a member of the Audit Committee and the chairman of the Remuneration Committee.