The board of directors of Carrianna Group Holdings Company Limited announced that Mr. Leung Pak Yan has notified the Board of his plan of retirement and will retire as executive director of the Company with effect from 1 January 2021. Mr. Leung has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the shareholders of the Company in respect of his retirement. The Board announced that Mr. Liang Rui has been appointed as an executive director of the Company with effect from 2 January 2021. The Board announced that Mr. Ma Kai Cheung, the Honorary Chairman and a non-executive director, has been re-designated as executive director of the Company with immediate effect. Mr. Ma will remain as the Honorary Chairman.