The board of directors of Landsea Green Life Service Company Limited announced that with effect from 21 June 2024, Dr. Chen Kevin Chien-wen (Dr. Chen) has resigned as an independent non-executive Director as Dr. Chen would like to devote more time to his other personal endeavours. The Board announced that Mr. Alfred Shu Shum Lai (Mr. Lai) has been appointed as an independent non-executive Director with effect from 21 June 2024. Mr. Lai, aged 63, possesses over 25 years of extensive experience in financial management, leadership and stewardship.

From July 1983 to November 1991, Mr. Lai joined Deloitte Touche Tohmatsu as an accountant, where he received 8 years of professional training with his last position as manager in Audit (Hong Kong). From November 1991 to December 1995, Mr. Lai joined Philip Morris Asia Inc. as Manager in Financial Controls, with his last position as Regional Finance Manager. During January 1996 to September 1998, Mr. Lai served as Director of Finance at International Distillers & Vintners Limited and subsequently at Brightpoint International (Asia Pacific) Pte Limited, where he was responsible for financial management, business development, policies and procedures establishment, and internal controls monitoring.

From September 1998 to January 2006, Mr. Lai joined Rexam PLC as Rexam Der Kwei Group Finance Director at Rexam Der Kwei (Hong Kong) Limited, and subsequently held the positions as Sector Finance Director at Rexam Beauty & Pharma, Business Development Director at Rexam Plastic, Deputy Chief Executive Officer and Managing Director at Rexam Der Kwei (Hong Kong) Limited. From February 2006 to June 2012, Mr. Lai joined Lafarge Shui On Co. Ltd. (LSOC) as Chief Financial Officer and subsequently served as a board director of a subsidiary, Sichuan Shuangma Cement Co.

Ltd. Mr. Lai's last position at LSOC was Vice President of Corporate Finance. Since October 2015, Mr. Lai has been serving as Director of Finance at Shui On Management Limited. Mr. Lai obtained a degree of Bachelor of Science (Economics) in Accounting and Finance from The London School of Economics & Political Science, University of London, in August 1983, and a Master of Business Administration from Heriot-Watt University in July 1994.

Mr. Lai is an associate member of The Hong Kong Institute of Certified Public Accountants and a fellow member of The Association of Chartered Certified Accountants, United Kingdom. Change in composition of board committees: The Board announced that, with effect from 21 June 2024: upon the resignation of Dr. Chen as an independent non-executive Director, Dr. Chen has ceased to be the chairperson of the audit committee of the Company and a member of the Remuneration Committee; and Mr. Lai has been appointed as the chairperson of the Audit Committee and a member of the Remuneration Committee.