The Board of Directors of CEC International Holdings Limited announced that after the conclusion of the annual general meeting of the company held on September 28, 2018, the Board held a board meeting and appointed Mr. Lam Kwok Chung as an executive director of the company with effect from September 28, 2018. Mr. Lam is currently the manager of the retail purchasing department of the Group where he is mainly responsible for overseeing the purchases and supplies of the retail business. Mr. Lam has entered into a service contract with the Company with respect of his appointment as an executive director of the Company for an initial term of 3 years commencing from 28 September 2018. The service contract may be terminated by either party by giving not less than three months' written notice. Pursuant to the Bye-laws of the Company, Mr. Lam will only hold office until the next following annual general meeting of the company at which he will be eligible for re-election. His directorship in the company is also subject to retirement by rotation and re-election at annual general meeting of the Company in accordance with the Bye-laws of the Company and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.