ST International Holdings Company Limited announced that on 21 May 2024, Mr. Fong Kin Tat ("Mr. Fong") tendered his resignation as an independent non-executive Director, the chairman of the remuneration committee and a member of each of the audit committee and the corporate governance committee of the Board due to his other business pursuits and commitments. The Board announced that on 21 May 2024, Mr. Liu Mingfang ("Mr. Liu") was appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Corporate Governance Committee. Mr. Liu Mingfang, aged 46, has over 20 years of experience in corporate finance and investment
management, and is particularly familiar with the negotiation and investment analysis of corporate investment projects. Since August 2008, he has worked at Guangzhou Guoji Investment Co. Ltd. and is currently a senior advisor. From September 2001 to February 2003, he worked at Beijing Eagles United Investment Co. Ltd. where his last position was an associate. From March 2003 to August 2006, Mr. Liu worked at Taihe Media Investment Co. Ltd. where his last position was the director of the investment department. Mr. Liu obtained a Bachelor of Economics from the Beijing Wuzi University, the People's Republic of China ("PRC") in July 2001 and a Master of Business Administration ("MBA") from the International MBA Program co-developed by the Tsinghua University, the PRC, and the Massachusetts Institute of Technology, the United States of America, in July 2008. He holds a Legal Professional Qualification
Certificate issued by the Ministry of Justice of the PRC. Mr. Liu also participated in the Global Classroom course on Integrated Approaches to Sustainable Development Practice jointly organised by the Earth Institute at Columbia University and the Brookings-Tsinghua Center for Public Policy in December 2008.