The Board of Directors of Ngai Hing Hong Company Limited and its subsidiaries announced that due to retirement, Mr. CHAN Dit Lung has tendered his resignation as an independent non-executive Director and has ceased to be a member of each of the audit committee, remuneration committee, nomination committee and corporate governance committee of the Company. His resignation shall take effect from April 1, 2020. The Board announced that Mr. YU Chi Kwong has been appointed as an independent non-executive Director and a member of each of the Audit Committee, Remuneration Committee, Nomination Committee and CG Committee. The above appointments shall take effect from April 1, 2020.