The board of directors of Café de Coral Holdings Limited announced that Ms. Fang Suk Kwan, Katherine ("Ms. Fang") has been appointed as an independent non-executive Director with effect from 3 January 2023. Ms. Fang, aged 54, is a director of Fang Brothers Holdings Limited, which is the holding company controlling a number of private and publicly listed companies in Hong Kong and Mainland China in different and diversified disciplines, ranging from manufacturing, trading and retailing of garments and peripheral accessories to the developing, manufacturing and trading of electrical energy storage, liquid crystal displays (LCD) and organic light-emitting diode (OLED) products. Ms. Fang has been in the garment industry for over 18 years with extensive knowledge and experience in the retail markets in Hong Kong, the United Kingdom and the United States.

Furthermore, Ms. Fang has over 14 years of experience in banking and investment. She was the Head of the Middle Markets Division of ABN AMRO Bank prior to joining Fang Brothers Holdings Limited. Currently, Ms. Fang is a Member of the Election Committee, a Committee Member of the Nantong City Chinese People's Political Consultative Conference, the Chairlady of the Garment Advisory Committee of the Hong Kong Trade Development Council, a Member of the Advisory Committee on Hong Kong Polytechnic University School of Fashion and Textiles, a Member of the Clothing Industry Training Authority, and a Member of the Board of Trustees of Yau Yat Chuen School.

Ms. Fang graduated from the Wellesley College of the United States and obtained a Bachelor's Degree in Economics and Mathematics.