The board of directors of Best Food Holding Company Limited announced that Mr. Lo Wei-Ren has been appointed as an independent non-executive Director and a member of the audit committee of the Company with effect from 27 April 2021. Mr. Lo Wei-Ren has been appointed as an independent non-executive Director of the Company since 27 April 2021. Mr. Lo has over 30 years of experience in the international restaurant chain business. Mr. Lo served as Senior Advisor in Unitas Capital from May 2014 to January 2016 and was appointed as Chairman of Babela Group from June 2014 to February 2016. From October 2012 to September 2014, Mr. Lo served as Chief Strategic Advisor for the Beijing Xinladao restaurant group who is mainly responsible for brand re-positioning, organization functionality restructuring and brand strategic development. From May 2008 to January 2009, Mr. Lo served as the Executive Board Director for China Grand Automotive Services Group Co. Ltd. Mr. Lo served as Brand General manager for Pizza Hut & Pizza Delivery Home Service brands from May 1997 to May 2008 and was promoted to the Vice President and Brand General Manager for Yum China Inc. from November 2003 to May 2008, with a total of 11 years' tenure in Yum China from 1997 to 2008. The Board announced that Mr. Tsang Hin Man, Terence has tendered his resignation as an independent non-executive Director and member of the Audit Committee and the nomination committee of the Company with effect from 27 April 2021 due to other business engagements. Mr. Heng Victor Ja Wei, an independent non-executive Director and member of the Audit Committee and the remuneration committee of the Company has also been appointed as a member of the Nomination Committee.