The Board of Directors of BOE Varitronix Limited announced that in accordance with the bye-laws of the Company, Mr. Hou Ziqiang will retire from office as an independent non-executive Director by rotation at the forthcoming annual general meeting of the Company to be held on 27 June 2023. Mr. Hou has advised the Company that he will not offer himself for re-election in order to devote more time for his other personal commitment and will retire from the Board with effect from the conclusion of the AGM. Upon his retirement, Mr. Hou will also cease to be the member of the audit committee, the remuneration committee and the nomination committee of the Company.