The board of directors of China Wah Yan Healthcare Limited announced that Mr. Lin Pinzhuo has been appointed as an independent non-executive director, chairman of the nomination committee and a member of the audit committee and the remuneration committee of the Board with effect from 2 February 2023. Mr. Lin, aged 57, has 30 years of experience in product commercialization, production, business development and marketing. He has held management positions in a number of telecommunications and technology companies in China.

Mr. Lin graduated from Shenzhen University with specialization in electronics and computer science. The Board announced that effective from 2 February 2023, Ms. Hu Xuezhen, an independent non-executive director, has been appointed as the chairperson of the remuneration committee of the Board. Mr. Chan Ka Chung has resigned as a member of the remuneration committee and the nomination committee of the Board with effect from 2 February 2023.

Mr. Chan has confirmed that there is no matter in relation to his resignation as a member of these committees that needs to be brought to the attention of the shareholders of the Company.