The board of directors of Convenience Retail Asia Limited announced the following changes of the composition of the Board and Audit Committee with effect from the conclusion of the annual general meeting of the Company held on 24 May 2023: Mr. Benedict CHANG Yew Teck has retired as Non-executive Director of the Company due to the need to devote more time to his other personal commitments. Mr. Chang has confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company (‘Shareholders'). Subsequent to the retirement of Mr. Chang as Director, he has also ceased to be a member of the Audit Committee.

After the change, the Audit Committee comprises the following members: Mr. Anthony LO Kai Yiu – Chairman; Mr. Godfrey Ernest SCOTCHBROOK – Member; Dr. Sarah Mary LIAO Sau Tung – Member; Mr. Terrence TSANG Diao-Long – Member.