The board of directors of Kate China Holdings Limited announced that Mr. Fok Chun Kit (Mr. Fok) has resigned as an executive Director and the chief executive officer (the CEO) of the company with effect from 28 April 2016 due to his other commitments and Mr. Lu Tak Ming (Mr. Lu) has resigned as an independent non-executive Director with effect from 28 April 2016 due to his other commitments. The Board announced that Mr. Lam Cheok Va (Mr. Lam) has been appointed as an independent non-executive Director with effect from 28 April 2016. Mr. Lam, is a member of the Standing Committee of Yunnan Province Committee of the Chinese People's Political Consultative Conference.

He is also the President of Macau Yunnan Chamber of Commerce, the Director General of Macau Small and Medium Enterprises Chamber of Commerce, a director of China Federation of Overseas Entrepreneurs, a director of Macau Chamber of Commerce, an executive director of Macau Region China Council for the Promotion of Peaceful National Reunification, and a member of Advisory Board of School of Language and Translation of Macau Polytechnic Institute. Mr. Lam is appointed for an initial term of two years, and his directorship will be subject to re-election. The Board announced that Mr. Tsang Kei Cheong (Mr. Tsang), an executive Director, has been appointed as the CEO with effect from 28 April 2016.

Mr. Tsang, an executive Director, is the head of Design Department, and is responsible for project management, including monitoring the design team's output for all company projects and tendering submissions; and assisting the review of project costs and budget. Mr. Tsang joined group in 2004 and has over 16 years of experience in the interior design and consultancy industry. The Board also announced that, upon the resignation of Mr. Lu, he has ceased to be a member of each of the audit committee, the compliance committee and the nomination committee of the company and the chairman of the remuneration committee of the company.

The Board further announces that with effect from 28 April 2016, Mr. Lam has been appointed as a member of each of the Audit Committee, the Compliance Committee and the Nomination Committee and the chairman of the Remuneration Committee.