1957 & Co. (Hospitality) Limited announced that Mr. Cai Weike has been appointed as the chairman of the Strategic Development Committee and Mr. Kwok Chi Po, Mr. Lau Ming Fai, Mr. Wong Chi Wing Kinson and Mr. Chan Wai Fung have been appointed as members of the Strategic Development Committee, all with effect from 18 November 2022. The Board further announced the following changes in the composition of the remuneration committee of the Board (Remuneration Committee) of the Company with effect from 18 November 2022: Mr. Cai Weike has been appointed as a member of the Remuneration Committee; and Mr. Kwok Chi Po has been ceased to be a member of the Remuneration Committee, but remains as an executive Director and the Chief Executive Officer of the Company.