Town Ray Holdings Limited at its Annual General Meeting held on 21 June 2024, announced that Upon the conclusion of the AGM, Mr. PY Chan retired as an independent non-executive Director. Following Mr. PY Chan's retirement as an independent non-executive Director, Mr. PY Chan ceased to be the chairperson of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee. Following the cessation of Mr. PY Chan as the chairperson of the Audit Committee, the Board resolved that Ms. Chan Tak Yi ("Ms. Chan"), an independent non-executive Director, is appointed as the chairperson of the Audit Committee with immediate effect.