The Board of China Outfitters Holdings Limited announced that Ms. Li Rita Yan Wing has tendered her resignation as the company secretary of the Company; the authorised representative of the company under Rule 3.05 of the Listing Rules on the Stock Exchange; and a person authorised to accept service of process and notices on behalf of the company in Hong Kong under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) due to personal work arrangements, with effect from 22 March 2024. Ms. Li has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that needs to be brought to the attention of the Shareholders or the Stock Exchange. The Board further announced that it has resolved to appoint Ms. Kwan Sau In as the Company Secretary, the Authorised Representative and the Process Agent with effect from 22 March 2024.

The biographical details of Ms. Kwan are as follows: Ms. Kwan Sau In is a manager of Corporate Services of Tricor Services Limited. She has over 10 years of the corporate secretarial and compliance experience for Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Kwan is an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

She obtained a master's degree in law (Chinese Law) from The University of Hong Kong and a bachelor's degree of business administration in corporate administration from The Hong Kong Metropolitan University (formerly known as The Open University of Hong Kong).