The board of directors of Asia Grocery Distribution Limited announced that, with effect from 31 January 2024, Ms. Lau Yin Ping ("Ms. Lau") has resigned as (i) the company secretary of the Company, (ii) the authorised representative of the Company (the "Authorised Representative") under Rule 5.24 of the Rules Governing the Listing of Securities on the GEM of the Stock Exchange and (iii) an authorised representative of the Company for accepting service of process and notices on behalf of the Company (the "Process Agent") under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) due to her pursuit of personal commitments and development. Ms. Lau confirmed that she has no disagreement with the Board and that there are no other matters relating to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company. The Board announced that Mr. Fung Chun Yuen ("Mr. Fung") has been appointed as (i) the company secretary of the Company, (ii) the Authorised Representative and (iii) the Process Agent with effect from 31 January 2024.

Mr. Fung obtained a degree of Bachelor of Business Administration with Honours in Accounting from Hong Kong Metropolitan University (previously named as Open University of Hong Kong) in 2013 and is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Fung has extensive experience in the related fields of finance, auditing, accounting and corporate finance practices.